Ann: RPL: Regal withdraws Proposal to acquire Pacific Current, page-22

Pac will either stand on its own two feet or it won’t . Simple as that . I must admit taking the recent $11 on offer was tempting . When you see mike Fitzpatrick reduce holdings it makes you think what’s the best path of action . As far as regal goes I do find it hard to believe that you can offer a price and the take advantage of the increase and sell 10 million shares . I guess money makes money so this begat is completely acceptable if you have the ability to actually complete the transaction even if you don’t go through with it . If they’re really dodge they could sell their entire holding and short it as well . Anyway we will get a dividend soon . Certainly made the portfolio look healthy for awhile .