reject the offer!!, page-65

I think the banks just want their money back and this company has been on life support for last twelve months. cap raise 6 months ago will be equal to the current market value when this baby opens tomorrow. 12 months ago bbg had 700 million in debt. sold nixon reduced debt, cap raised reduced debt. now debt is only 250 million and this deal will repay the bank.

they must be something fundamentally wrong with this company or they are screwing shareholders out of their ownership of the company. 75% to be paid out in cash at 60c. 25% (which gordon will have 15% so lets call it 10%) can roll over in a company that may never be listed.

i got burnt on this stock but im glad i sold out all before this stuff happened.