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mordicai

10/11/07 3:49 PM

#30413 RE: mastaflash #30403

Well, you assume that those filings are correct and truthful. I do not. What proof is there that he has purchased and/or still owns those shares other than the filings. I hear people saying the "new ceo" is outsmarting Pawson. Those people do not understand no one could become the "new ceo" without Pawson's consent and blessing. He owns/owned? preferred shares in cbay which gave him supermajority control. Pawson could have sold the alucha county home for $250,000 cash and have given it to himself as compensation or mercer as "severance " pay and given Pawson's ownership no other shareholder could complain. Likewise, as of this moment every propery Cbay ever owned, could have been transferred to pawson or others and the deeds have not yet been recorded publicly yet. There is no requirement that a deed has to be recorded. It only has to be recorded to protect the buyer from the seller transferring it after the fact to yet another who then races to record his/her deed first. If Pawson controls the seller cbay, and gave himself deeds to the properties and didn't record them, he doesn't have to worry about cbay selling to yet a third party without his knowledge so he is in no hurry to record his deed. I think that could get you to no bid again.