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lifegear

12/22/08 2:41 PM

#748 RE: enlyten #745

they could easily downplay this for their benefit imho

does it make sense to you that the 10K filed before bankruptcy indicated 100% of the common stock was owned by the insiders --why would they need to cancel the stock and destroy the NOLs?

lifegear

12/22/08 2:45 PM

#750 RE: enlyten #745

I actually communicated with the lawyers before but I thought it sounded fishy given the fundamentals of the company

they filed a Form 15 years ago to eliminate SEC reporting requirements but on 2004 they filed a 10K before bankruptcy filing showing massive NOLs and very tiny share structure