cleopatra, queen of denial, page-3

Hi mreye2,

Very droll

You highlight the problem very well

ESG management failed to enact your:-

"Five stages of problem solving"

A Takeover was always probable since the STO problem arrived on 2/7/09 and yet ESG management through their lack of communication did not in my view fully inform the market of ESG value as reflected in its share price

The 1mthVWAP was not a key performance indicator for them when it should have been in the circumstances they found themselves since 2009

As for your WIN-WIN that is the exact strategy STO, with the agreement of the ESG Board ,is selling us the small shareholders

Accept the Offer and get a ride on the STO elephant rather than the ESG rabbit with its propensity to have serioous ailments


The Forum is already at the Bargaining stage. Denial and Anger only took 3 days. Bargaining today tomorrow. Next Week until the first meeting the other 2 stages if one is still a ESG holder by then.

Of course the Entry of a WhiteKnight with a Cash Offer will change everything.

We live in Hope


Cheers