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Notech

04/16/09 1:21 PM

#3657 RE: JimmyRich #3656

Be careful what you ask for. In the new entity there will be at least two divisions with subsidiary positions that can be easily segregated from the other portions. That could mean that the remainder (the old GLGT organization and business model) would be a defacto separate division that could be spun off based on history of the investor groups involved. This would mean being left without the support of the other enterprises and you could be left holding a position in a truly empty shell.

investorx2

04/16/09 1:54 PM

#3658 RE: JimmyRich #3656

Good find, Where did you come up with such info????

But, doesn't one assume a new company honors old contracts unless it is a bankrupcy take over??? (unless wen buying the company previous deals were 'set aside' as part of the purchase.)