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BUBBA

07/21/05 7:33 PM

#1443 RE: rrufff #1442

If they had approved the buyout and then
signed a pro ball deal we would all be griping
that we got screwed and it shoulda been a lot more.
lol
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rrufff

08/22/05 7:15 PM

#1593 RE: rrufff #1442

About a month ago, I posted a couple of questions, hoping that some large shareholders are here and would answer.

I can't understand how large shareholders would let this sink while insiders basically refused a transaction of about 6 x the share price, without at least threatening them with suit for breach of fiduciary responsibilities.

There's something that just doesn't make sense. If the deal were for 25% premium, Ok, I'd say operational expectations and hype were enough to let it slide.

But a deal for 6 x the share price? Perhaps the offer was some type of scam to get the share price up. Who knows?

Clearly, these r/s and f/s aren't doing anything for the price. The proper way for insiders to handle this would have been to buy out the public if they felt the deal was "too low." LOL