SGE1 / Re: nezahual / Re: Lamberts
in response to
by
posted on
Sep 18, 2008 08:16AM
"Glad you've finally seen the light. And I find it highly unlikely that it was a typo."
LOL. You're cracking me up! One minute you are questioning my motives for bringing up the issue, implying that I'm trying to accuse the company of something "hokey" going on, and the next minute you're accusing the company of purposefully filing inaccruate information! If it wasn't a typo, what was it? Obviously, it was NOT the Crossflo shares being transferred PRIOR to August 30th, as if it WAS, they wouldn't have revised the Proxy.
So if your position is as you stated in previous posts that shares were transferred to Crossflo PRIOR to the Sept 1 closing date (even if it was at 12:01 AM) then they would HAVE to be included in the Proxy O/S share count OR the company would now be fudging the revised filing. Either you're missing the significance of the "closing date" as defined in the Crossflo agreement, or you're missing that the Proxy "Record Date" PRECEEDS that closing date. Therefore, either the company originally errroneously included shares that they transferred to Crossflo AFTER the SEC Filed closing date of Sept 1, or they are NOW knowingly filing incorrect information with the SEC! Which is it in your opinion?
I think it was a typo in that they completed the deal with Crossflo on Sept 1, officially transferred shares to them that day or shortly thereafter, prepared the final PRE 14A Proxy filing after that, and therefore incorrectly included shares that were outstanding at the time of the Proxy filing BUT NOT outstanding at the time of the Proxy "record date". Therefore, I would characterize that as a typo, and I would characterize an implication that it was something other than the above, if that's what you are saying, as "interesting" and question why you would imply that.