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marsnvest

03/22/07 10:55 AM

#4264 RE: snowcrow #4263

Lanza"s interests are not with BDGR but with what he can get for himself, but this is probably true in many business deals. If I was selling my company, I would be looking for the best deal for me, period. The circumstances involved in any dealing would probably involve Lanza's denial or pigheadedness about reality. My understanding is that Barry is stll around. RM absence is not that recent.
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cameraturret

03/22/07 12:02 PM

#4269 RE: snowcrow #4263



"the other possibility is that Lanza killed the buy-out, RM and Barry have left, and so there is no one else to step-up but Lanza. That would be a simpler explanation. Perhaps Lanza's interest don't aligm with BD."

Not exactly so. RM and all other board members have resigned to aid the rumored buyout. There is a block of "Super voting perf. stock" that out voltes all other stock. The person with that block can put anyone in charge. And has put in Lanza, at his wishes of course. Who owns the super voting perf., get to him and Lanza is out.