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EepOpp

08/02/07 8:57 AM

#30872 RE: rockawayrich #30871

6. do another r/s while keeping his shares unaffected (like the current proposal) before he loses a majority, and then number 3 and/or 4.
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ctb

08/02/07 9:47 AM

#30878 RE: rockawayrich #30871

"1. r/s
2. JBs CD (establishes majority)
3. vote bonuses
4. sell some of the A/S but not enough to lose majority
5. repeat 3. and 4. as desired."

1 - requires shareholder approval EACH TIME

2 - The 8-K released eliminates that possibility

3 - requires shareholder approval (pretty sure about that)

4 - IF CB converts (assuming RS passes) and IF his 144 shares have voting rights he will NOT have a majority - 30 something percent - ANY selling of the AS dilutes that (unless it goes to someone who will always vote his way as has been alleged would/could happen)