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gwikley

12/02/06 11:23 AM

#200593 RE: MarionPolk #200585

IMO: I believe it was said in the PR, that the reverse merger was to involve the shares only. I think it was said that "all asset, (and I would assume, liabilities), were returned to Loftworks, (returning them to private status), leaving just the shares in the merger vehicle.

In the subsequent months that followed those shares sat in the merger corporation unclaimed. And have been that way ever since.

I think S.Bros can claim that they have no reponsibility based on both of these (IMO) points: "all assets,liabilities returned to Loftworks", and lack of (until whenever) ownership of the shares.

But then, who, actually believes any of the PR, past, present or future.


IMO>>>>>>>>>>>IMO.