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keekee

04/01/15 11:00 PM

#1406 RE: local #1405

Great news that the SEC has appeared in the case. At least, shareholders would be sure someone is looking out for them. The SEC would ensure that we are represented by an official committee. What baffles me is, if there was a way to effect the merger at 40 percent less than the originally agreed price, why would the company reject that offer and opt for bankruptcy if they did not believe that we'd get a better deal? Just the SEC showing interest here has answered my prayers. We will find out soon.