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bonzo4040

04/02/09 12:53 PM

#109539 RE: SOTTT #109528

I have no idea whether or not the company gets bought out or not, however, if the company gets bought out its not like everything changes overnight and everyone is fired. Most likely the current staff would remain in place for many months. They will be awnsering to someone else but the staff will remain most likely for awhile. IMO
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stoxx00

04/02/09 12:54 PM

#109540 RE: SOTTT #109528

I wouldn't base that on the VP thing. Are you kidding...He doesn't get fired. He is part of the agreement and gets stock package as well. If He doesnt sell your scenario could be right but the fact the share price should be .05 on it's own as we speak (according to sales and projected volume) It may not go down as much as you think LOL
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riksea

04/02/09 12:55 PM

#109543 RE: SOTTT #109528

Whomever buys this company, is going to need a FULL management team in order to move forward----Don't you even think these things out before you post them~????---LOL~!!!!!

PS: What shorts???? Can you provide us with this info????? We'll be waiting!!!!!
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crf

04/02/09 12:57 PM

#109545 RE: SOTTT #109528

If EESO is purchased and remains a wholly owned subsidiary of the parent company (such as the arrangement that DOW and Rohm and Haas have entered into), then normal operations and current positions may not change much at all. Just because a company has been merged or bought out, doesn't always mean that positions are cut and new people are brought in. You see that more in transactions involving competitors.....

In the meantime, the buyout could be delayed and just as Mark Newbauer stated, ESSO has so much momentum right now that they felt they could not jeopardize progress by delaying to fill an integral position within the company. I believe OGclip has a nice email from Mark stating exactly as such.


Chad