I was already planning in debating with them tmrw. Guess I don't have to.

I was actually working on my response, so I'll post it anyway because I wanted to clarify one of the points.

I was a lot more concerned before finding out about the 7 million (!!) tax refund. I hope that was a correct amount.

I don't think it is $7 million. The last financial statements have a figure of $4,533,857 for expenses. I think it is these expenses that we claim for a refund. They would have to be justified so it is possible not all that money will be refunded.

I don't think any expenses are going through for Schaft Creek any more. There was a NR at one point that stated all future expenses would run though Desert Fox. This sounds like a technicality but it sort of implies the spinoff/PPs is more likely rather than tamper with the number of shares outstanding with Copper Fox. This sort of also suggests that management is getting paid once.