If Cornell is not buying now, they will most likely attempt to take this into the subs before they cover, they are a Greedy Hedge Fund and since Michelex has broken off the financing deal, make no mistake about it, they will play this for all the profit they can by covering as low as they can, I just hope they hurry up and get it overwith and then GOOD RIDDENDS TO THE POS!!! Then we will return to normal trading at a fair valuation which in my opinion is at the very least .08-.10 if not more. If I remember their asset base, revs and O/S puts the Market-Cap for Michelex around .13-.14 when Cornells crap is covered we should return there IMHO.
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