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DesertRat1

01/11/09 7:00 PM

#27 RE: Stock #26

Generic, FWIW, the company filed the S-1 on behalf of an investor who wants out and holds convertable stock. I think he holds 17% of the OS (fully converted). He was lobbying for the company to be sold last year, but it never happened.

However, the seller recently bought 3 million shares of SPCB (Spectrum Brands).
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6340294

The seller is Geoffrey P. Raynor. He is the sole shareholder of Scepter Holdings which is "General Partner" of Amalgamated Gadget, LP. He's a big-wig from Dallas TX.

I'm in SPCB big and hoping it runs. I've been accumulating for about a week in .09 range.