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king oil

01/06/07 5:51 PM

#17600 RE: Lurker from Mars #17599

exactly,

JMCP continues, without any of the assets it transferred over to ONYI

ONYI continues, with up to 1 billion shares outstanding

USSE disappears, and all USSE holders end up with 1.3 ONYI shares per USSE share

USSE holders as of Dec 1 get 1 share in the USSE power company per every 1 USSE share held as of Dec 1.

If all pans out, both the former JMCP holders, ONYI holders, and USSE holders will all hold shares in a valuable new entity.