First of all I don't understand this fear and trepidation I am hearing about form concerned posters.

There is only 1 reason why Mr. Nemis went for this deal. Nemis was threatened with a lawsuit by the bad guys. A law suit would have negatively affected the sp the company and who knows how much it would have cost us. We would not be able to raise any money with a law suit hanging over our heads no matter how frivolous.

You mentioned yourself Irwin's threat to bring the sp down to 20 cents. He would have done that with a law suit.

Dick Nemis took the High road as he always does when it comes to his share holders. Thats right, he sucked it up and dropped out out of worry for our shares. People including himself can tell you different but I know this was the main reason for Nemis to back out of the fight.

I call that Blackmail!! The institutions can blow out their shares for all I care. We still have the goods in the ground, a very powerful share holder lobby so we would prevail.

There are institutions on our side and I doubt that the majority of them like the taste of what Irwin et al have done. Sitting around a table with those guys would be like sitting with a bunch of bank robbers. The only difference would be that you could believe the bank robbers because they aren't hiding. This BoD is just waring suits otherwise no difference.

I ask you your last question on your post. think of the consequences...

well I say think of the consequences if we sit here like wet noodles. we don't know what this BoD is going to do. that being the case it is only right that we attempt to exert our pressure too.

Don