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BonelessCat

06/22/06 12:40 AM

#2935 RE: zagdad #2934

Zagdad,
In the 15c2-11 Information Statement, on page 5 under "B. Business of Company", you find that the PIP is described as a "proprietary process." By referring to it as proprietary under that section, the company is stating in an official filing that the PIP is part of the company's business and implies some exclusive use of PIP not afforded others. This statement has a strict meaning of being a part of the business conducted either through ownership of the process or exclusive rights to that process. That statement cannot be made if it is simply some gentleman's agreement between long time friends.
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Yorick

06/22/06 8:56 AM

#2947 RE: zagdad #2934

you're right about that. the PIP really is only one very smart and experienced geologist. Who that person is no one knows because Tom won't say. Would take some serious DD to dig that up. Has anyone got that far? When I asked Tom he said he didn't want people calling his friend and trying to weasel their way around his relationship with him, as he said has happened in the past.