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rattlewatch

03/05/09 4:30 PM

#37 RE: RANCH11 #36

RJ, that is interesting if your notes confirm that Sept time frame.Mr Ellin and Mr Galloway were elected to the board as part of the 20M share $200K agreement that Trinad had on June 12.(link below)Being they contacted you after this date means (imo)they were being outvoted and were looking for control (unsure of the board makeup at this time).

Glad to see the three of us here,(Hi Learner).Thanks for the alerts on this RJ,it looks like a winner for sure being it has zero debt with these guys funding.From following them,like we have over the years, they haven't been toxic to the rest of the shareholders.

Just a thought,you might want to contact them being you have info.Maybe you'll get a sense of direction and timing from them.

This is interesting for sure.
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Ellin and Galloway as directors:
http://www.sec.gov/Archives/edgar/data/1164327/000114420408034903/v117223_8k.htm

"There are no material commitments for additional capital expenditures and the Company had no debt at June 30, 2008."