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drsandcrs

05/11/10 10:24 AM

#1388 RE: 56Chevy #1385

It's the May Day release ........

On May 1, the second POR was filed that basically says Richard Meruelo gets to "select" the eligible investors to participate in the private placement. The rights offering was cancelled.

Meruelo dealt a new hand to equity holders.

New strategy required.

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Also, if you're a believer in MMPI, then imo enterprising investor's letter is creating a buying opportunity in MMPI .........

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