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LoanStew

11/14/06 11:10 PM

#130808 RE: bleah #130795

Let's see if y'all can follow...
Mike Alexander signs off on the NT-10Q stating that the results will not change materially from those prior.
This means that it won't include the billions in bonds.
Mike Alexander quits.
SEC was on to them because of the bonds.
Mike's filing backs the SEC's case.
Mike is now out of the loop.
But may very well have been the "rat" that nailed Rufus to the wall.
And the Kool-Aid Krew actually thinks that this verifies the bonds.
FOLKS, WAKE UP!!!! MIKE FILED THE NT TODAY AND ALL BUT SEALED THAT THE BONDS WERE NOT GOOD!!!!
I don't know if I'd be more surprised if the stock traded tomorrow or was revoked.
To quote from a great Sinatra tune...
"And now..the end is near..I'll state my case...of which I'm certain..."
IMO we really do got a dead stock walkin' boss!
IMO/FWIW