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stoxx00

05/15/09 3:32 PM

#138783 RE: AceSpades #138776

In the long run maybe at best. But thats all we as investors get to swing on. Where is the interest of the shareholder today? GL

LoneGrey

05/15/09 3:39 PM

#138793 RE: AceSpades #138776

This is where I'm confused:

1st offer turned down. It is dead no more money in escrow no 300m shares restrited. That is over and done with right?

2nd offer for more money and stock is not turned down but not accepted either. It is in hand and EESO is not tied to any binding negotiations regarding this offer. The buyer is just hoping (I assume) that EESO will accept it.

Now while the 2nd offer was in the making a 3rd party comes and shows interest. So EESO now waits while the third party decides what they will or won't do.

But.... the PR then says that the buyer (I believe the 2nd offer) is still doing DD to decide if they want to buy or not. So who is bound by anything here. Is EESO bound to accept if the 2nd buyer's DD tells them to buy or is the buyer bound to buy if EESO decides to accept the offer. I don't believe anyone enters into these types of negotiations without binding language in the negotiating contracts. That is where I'm confused. Can anyone help please.