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dmbao

08/23/13 8:03 AM

#2900 RE: PatriotFan #2899

Well depending on what they do or don't they will be a good target for a lawsuit.

Simon has a huge conflict of interest between his role and ownership in Astrajet and its supposed holdings of AJet Holdings/Ryan Air. If he takes action with the main asset that AJet holds assuming SBCO also has ownership as much as 50% that isn't in SBCO shareholders best interest he is open to easy lawsuits and also will have assets of the proceeds of the cert sale as well as Astrajet supposedly. So something worth pursuing.

Paul also has assets that if he fails to act in the best interest if shareholders will be an easy target.

So if these guys don't do the right thing the shareholders can go after them and there is something to go after.

What they should do is turn over the company to an entity who will attempt to do the right thing for shareholders as that is the best way for them to wipe their hands of this mess.

We'll see what happens and then react accordingly. It's rare to have deep pockets available in the pinks for lawsuits and directors who may be naive enough of their responsibilities to leave the door open to those assets. Lawyers will be lined up for that.