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Message: Think for a minute!

Think for a minute!

posted on Dec 01, 2008 04:17AM

Burpit, I detest censsorhip more than ignorance so outside of adminstering the rules of our gracious site providers I have no intention of attempting to stop anyone's postings inane and inflammatory as they may be.

I do ask that you keep your postings relevant to the stock and your accusations as to who I may be to a minimum ... you are wrong but you are also blinded by your own wisdom of lack therof.

As far as a shareholders protection plan, you could structure it in a way such that you need 80% agreement from the shareholders before a sale or merger could happen and if it proceeds with less than 80% approval (based upon your concern of the controlling interests of Mr. Plaxton and hisy held shareholder group) shareholder's can buy or dissenting shareholders of record can buy shares at half the strike price, thus diluting the value to those wishing to proceed and assuring the dissenters with a 100% increase on an equivalent holding of existing shares. Losses would be minimized or wiped out for near any price over .40 for many long term shareholders.

I suggest this so that in the event any large and influential shareholder experience liquidity problems and have to sell off quickly they can not get away without costing them large cash.

Now if you can find fault in such a plan, explain what your concern is rather than suggesting I am somebody I am not. If you were indeed enjoying time with my wondeful wife, you wouldn't be so clueless about that benfits of such a rights program and so rude in your comments, after all my wife has both class and taste.

Orgy








Dec 01, 2008 07:26AM

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