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balance_builder

06/14/07 2:31 PM

#99570 RE: balance_builder #99568

Jim...note this 3-8-07 post by respected poster S. Freed:

"Love the Addax news. Time is a little long, but whatever. There's lots to get done between now and then anyway.

A "buy-in" as you call it is alive and well.

DOJ still alive and well too. Akin Gump doing their best. Feltang one of many issues - more to that than meets the eye...

Time is not Offor's friend at the moment. He has much to do on many fronts."
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jbofthecloth

06/14/07 2:47 PM

#99575 RE: balance_builder #99568

I doubt if Feltang is WB. Offor had a hard enough time paying him the shares under his employment contract. My bet is that Feltang is Offor and a few buddies. Offor tries to get more shares in any manner possible (see note restructuring).

Wouldn't want to be him if this is true and wouldn't want to be the lawyer that approved the deal. They can share a cell and try to screw each other rather than shareholders.