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02/15/12 7:42 AM

#37145 RE: yaboy520 #37144

You are right if the "buyout" offer was real. It most likely wasn't. If a legitimate buyer would come along they would require Black to open up the books to them as part of the due diligence process to determine a fair valuation. Then the buyer would probably find out that there isn't anything going on and the company is worth what it's stock price is trading at, $.0006. And hence we have silence for 4 1/2 months. GLTA

ASimEE

02/15/12 7:46 AM

#37146 RE: yaboy520 #37144

It was the shareholders that rejected the buyout offer. There were not enough shareholders that wanted the buyout and therefore we did not have the required 50% for the proposed sale.

cbenner33

02/15/12 10:33 AM

#37160 RE: yaboy520 #37144

If this company cared about it's shareholers it would have taken the buyout offer



The buyout offer was a decision for the shareholders NOT the company.

HNSS