YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (6990)	3/2/2005 2:15:38 PM
From: Ken W	Read Replies (1) of 23958

Sergio "Can you help me out with Jones' shares? I can't find Jones among the major shareholders. CRNS quietly hit a new high. You've got to like the action on GNPI. I think RELV is ready." CRNS, I still hold in the grandkids accounts from 6ish...Happy with GNPI, although I think it may have to retest 2.00 to establish support (which was old resistance). Jones' rec. the shares as part of the TSI takeover..he was head of one of TSI's subsids. Somehow he felt he was cheated in the takeover and pitched a fit. ALAN offered to buy his shares at the time at .95 per share, he refused and filed a lawsuit in AZ..(we already know what a mess that can be) Sooo. He instructs a broker to sell 15k per day of the shares at any price to spite the company...hence the constant overhead...day before yesterday Oster (pres. of TSI) and ALAN met with Jones's people...they want to retain the shares as Jones feels he is still head of TSI..His people (lawyers) don't even agree with him. The shares are no longer for sale at this point as they are held in an escrow type of situation until May when the court date is set in Maricopa County AZ. The case numbers are CV 2003-001937 and CV-2003-13999. The 13999 case, I belive is ALAN suing their insurance co. for legal fees from the first fail Jones lawsuit. Basically, Jones is a pain in the butt. He is in his 90's and not reasonable or rational. But, the important part is that the shares are no longer on the market and will be held, eventually, by Oster..he has no intention of selling. AS to the 1.00 price thing...two ways to handle it. Reverse 10 to 1 (they already have approval into 2006) They don't want to do that at all!! The resulting 2.6mm share outstanding would kill all liquidity. The other way is to go to Anderson. Anderson is a director and holds a considerable position in the company. He also owns a bank and is Mormon. I think he could put the price over a buck in a heart beat. LOL Ken

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