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cc1970

12/22/09 11:40 AM

#94112 RE: Keddleone #94109

Not sure that I follow, unless you are referring to the fact that divy's will be distributed based on shares held regardless of the PPS. But, keep in mind that only those who were holding prior to a certain date(not exactly sure the exact date) will be eligible to receive the goodies. The rest of us are depending on a rise in PPS to see a profit. If I missed the point altogether- my apologies.

Chas
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bobbybdb

12/22/09 11:58 AM

#94120 RE: Keddleone #94109

Keddleone I had those thoughts as well, so many questions yet to be determined.

My first question is why in the world didn't the company check with the minor investors to get a feel for what they expected prior to receiving the offer, imo that should have been on the list with the $5 million debt that was discussed.

We don't know for sure, however it looks like the minor investors are also selling their holdings, question is wasn't that known from the off set, along with the price they were willing to sell for?

I have been in lock step with what the company was doing, and why they were doing it in the time frame set, however this move leaves me cold.

Just my opinion, but it looks like they carried the ball to the basket, and then missed the slam dunk.