shareholder action imf brief, page-72

we were told in oct 07 regarding plant problems, 3months after they replaced plant manager . 3 months after hnc unloaded half their holding and 2 months after sub prime.

had we known the facts prior to the subprime issues wich hit sp of all stocks, would i have lightened my holding? you bet your ar## i would have.
so we held coz no real damage and only put back 3 months from original schedule(so we where told}

price continues to drift until 4 weeks before agm 1.50-3.00 wow how nice (no questions asked happy chappy}

agm goes ahead, alls good no problems producing within weeks.pats on the back eat up drink up go out to dinner with friends and company rep.
Am i missing something? yeah 200k.
the events around may-july 07 and the previous management hold the answers.imo.



ps. if the plant manager had insurance and there was a claim there would be problems .got a feeling they payed him off signed confidentiality agreement and sent him on a holiday.THANXS FOR COMING CHOW.


ALL IMBOOC.