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stock_observer_77

07/20/08 10:06 PM

#11551 RE: bigarow #11545

Bigarow

I like your enthusiasm, but the majority of the shareholders on July 4th happen to be the CD holders - they will vote it yes because they have to do so to convert the remaining CDs.

Now, if there is a restructure of the CDs, etc between now and then, it may not have to happen.

I hate to repeat this again, but this proxy filing is REQUIRED per the CD agreement when the AS (which is 250MM) is maxed out. Please understand this.


Never buy a stock affiliated with IR firm Big Apple or Transfer Agent Select American! All CEOs are guilty until proven innocent!

Ranb2khz

07/21/08 8:07 AM

#11616 RE: bigarow #11545

bigarow, I disagree with your assumption that the A/S will not be increased at the close of the next shareholder meeting. Prior to the PR of July 8 the extraordinary accumulation of the 250mil shares released were being scoped up by either the CD owners and/or others basically on the inside. All of the positioning was in place on or before July 4 (the date of the fixed vote-per-share count). You can be assured that management is confident that the vote will go to their advantage.