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paidmyway

08/23/11 2:24 AM

#75981 RE: fpga #75977

I find it a little unsettling that the shareholders were kept in the dark about all of this...normal procedure with a stalking horse is that it is placed and an extended time limit is allowed so that other bidders have an opportunity to get in line....I am not sure how this all happened so quickly and we were not aware of it......I have to now assume that there will be much more come to light over the next few days that the shareholders were not aware of.......just hoping that if we are allowed to become a small part of the new company by way of warrants or perhaps some scraps they might leave for us,that the new company is a little more open with the shareholders.....I really am kind of upset about the new BOD under John Byran at this point......lets get it out there so we have some idea what the H is going on.....JMHO

Paid

PS..I really don't see what the big secret was about the stalking horse bid,we should have had that info when it was placed....JMO
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RS500

08/23/11 9:18 AM

#75992 RE: fpga #75977

Very good point,although we do need to know exactly what is left over to the commons after all debts are satsified right?

If lets say there are 60m of debt, and then there is 50m left overwell than that roughly equates to a penny a share.

It will take time for all information to be disclosed, that said I doubt if we the commons willever see all the facts.