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dejavu alloveragain

04/25/08 2:10 AM

#300 RE: Joker86 #298

she works for green communications consulting.

http://www.greencommunicationsllc.com/

I was looking for her at Etelos, and she doesn't work for them.

http://www.etelos.com/about/about.espx?show=13308&tab3=on

So she writes the prs?

strange. you would assume she understands the process of this kind of transaction in greater detail.

http://www.greencommunicationsllc.com/aboutus.html

but apparently not, so far at least. apparently she assumed shares were cancelled upon the merger, according to messages she left for you. this is a complicated transaction I guess.

dejavu alloveragain

04/25/08 2:36 AM

#301 RE: Joker86 #298

so far as best as I can tell, the private entity and shares of Etelos were extinguished when it merged with Tripath. So then Tripath acquired the business of Etelos. Tripath changed its name to Etelos and thus Etelos became a public company. And thus the previous shell of Tripath was filled, no longer a shell, according to the filing. Tripath became a shell when the previous assets of Tripath were moved out, during the reorganization process, and the liabilties/debts negotiated away, in exchange for equity of approx 5m shares in order to clean up the shell.

So now Tripath is Etelos, and its shares are trading. But everyone expects them to again cancel the current shares of Etelos, which are trading, which would be the second time Etelos shares would be cancelled.
That all just sounds crazy.