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OceansLow1

01/25/13 3:57 PM

#646 RE: mhb #644

Form early on I thought ITL would go to $500 per share on the public market. What is 3.7 million times 500? That is a give away. offer them 1 mil and no more. Then walk away if they do not take it. Harnoy sent a draft of the termination agreement to Seth a week plus before the actual letter went out. His letter said in so many words here is what you did or are doing wrong under the contract. Fix it or we will send you the final draft of the termination letter.