my investment in i.gandel, page-18

Moseley

What is the Itochu deal all about?

Its not just a handout of 100,000 plus for I.Gandel is it?

Assuming AGS/I.G. have legal advice that they can/will get the 100% back. What would you do.?

Sludge posted that if an offer was put forward re a higher percentage to AGS. I.Gandel told him it would go to a vote.

Think about it, if the BBros offered 30-40 or 50 or more percentage. How will it be determined by shareholders as to whats acceptable. Its not going to work out. What would you accept? I know what I prefer, 100% and No BBros.thanks!

There is only one way for this to be determined, through the Court. 25% or 100%.Its obvious.imo

I was as happy as larry after my last conversation with I.G. when he gave me the impression that he was going for and prefered the 100% return(also he gave me cause to believe that Legal opinion suggests AGS's case is strong and that our Legal Eagle would not accept the Matter if not) but he did not rule out that the BBros could make an offer.(It'll be a ripper though,wont it.lol,lol)

As for the M&D C Trial, dont the Courts set the dates? and they would have to wait until after the result of the Further Discovery hearing. I reckon a trial date could be 12+ mths away.

Until the M&D C Matter is settled AGS cannot advance their other projects to any worthwhile stage(Cash Management)imo. Hence the shareprice will linger at low levels.imo When all this comes to an end I hope it is worth it for all shareholders.! Retaining only 25% will be a big letdown.imo

Md