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USC Cowboy

06/27/07 3:58 PM

#43611 RE: Renavatio #43609

Ponder this...what if this was all done tongue in cheek, wink wink and the Hedgie just happened to want to do a private placement in PBLS getting Phase III preferred shares just because they were an 'interested' investor group, wink-wink.

Reminds me of one of my favorite sayings:

"If it isn't in writing, it didn't happen!"

JMHCowboyO

USC