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Jim01

07/26/11 4:13 PM

#239749 RE: catdaddyrt #239748

Ah... Thanks, Cat. Good insight, as usual.

Jim

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Anvil

07/26/11 4:18 PM

#239751 RE: catdaddyrt #239748

Naturally, I disagree. IMO, this will drag on for many, many months. Rather than the pp or divy, what Owens should do is have N do a private placement and sell shares to that list of 300 at $.0001. The shares would be restricted for one year and the amount of shares would be capped at 20% of N.

Then no one cares what happens to q and all can move forward.
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drudy23

07/26/11 4:31 PM

#239754 RE: catdaddyrt #239748

So, if this is the case, then Jeff wins and is able to the less expensive swap? What are the chances the swap happens if Jeff wins?