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plain2121

03/03/11 10:54 AM

#71558 RE: FFF #71554

altus has the opportunity to buy the secured creditors for 14 million... they want to buy the secured for 14 million.. and they seem to plan on buying them... once they buy them.. they will most probably wipe out the commons.. and reissue new ones... presently there are no other financial options.. people on this board are saying that the eshc has 100 million on the table.."IF" they can find a way to buy the 14 million secured. it seems that altus is going to buy the secured out...leaving all commons wiped out... including the leadership of the eshc...this is how its looking, and that is reality.