Replies to post #2772 on TXP Corporation (fka TXPO)

[walterc]

The volume of transactions is low so this does not prove much;
But tension is increasing

It is time that also YA proves that they can do something constructive for a company? I have not yet seen a happy end with this firm? Are there examples were they did something which ended in a succes for all parties involved?

[jmack3265]

Ya Fred the best I can figure is, at this point they either have 1. sales contracts 2. $5M financing 3. a Plan B in some form to get this merger done and satisfy YA. If TXP/CIG has the sales contracts to meet the milestone than my guess is that we are waiting on another company to release information first. In my view financing doesn't seem like much of a possibility unless the the merger was restructured in a way that would probably give Shores less control and essentially make CIG the parent company and then eliminate YA debt, assuming the merger is still on track. If that were the case than the $40K question is would CIG want to be a publicly traded company as it would no longer be a merger of equals.

My assumptions remain the same and still believe that TXP is a valuable asset for CIG and visa versa. If my assumptions are correct and the combined company is as valuable as I believe than there remains possibilities like how much cash CIG has on hand through their high performing Operation Unit (i.e. the Business, Financial and Logistics Management Team)?

Would the merger of TXP/CIG be in the best interest of a Taiwanese or Chinese contract manufacturer to see the merger materialize therefore assisting with debt obligation in exchange for structured manufacturing contracts?

Would it not be in the best interest of service & equipment suppliers based on past comments to have an independent source of highly interoperable CPE. If in fact the "King of Interoperability" hype is true and based on the largest inventory of indoor/outdoor ONTs I have seen to date, the merger is in the best interest of the industry as a whole. IMO, FTTX is here to stay and CPE is a very important part of FTTX access with $Bs invested by VZ alone.

I suppose technically where the 8K states that TXP would have to sell Iphotonics by 1/31/09 if one of the milestones is not announced by next Monday, it would provide another month of maneuvering for TXP but that certainly doesn't mean it would help shareholders nor would I bet on it. I would hope that Shores appreciates the loyal following he has had over the past few years and expect this merger to materialize and agree, "Time to hear from our leader"!