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LongTimeObserver

04/28/12 8:41 AM

#2392 RE: Doc.007 #2390

Any rational shareholder vote would have defeated an attempt to double the O/S shares of this PIG in favor of forcing debt placement with the various parties who have previously pledged hundreds of millions on which they have actually funded almost nothing -- a total fabrication -- but as you know, Alvarez and Tay control both Board and enough O/S common and preferred shares to steamroll the bagholders -- even Smith's BOOM BOOM ROOM "adults" -- while continuing to spew F&F shares as PIK at a RECKLESS rate.

Have a great weekend!