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Politics : RAMTRONIAN's Cache Inn

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To: NightOwl who wrote (13184)5/3/2007 5:57:47 PM
From: jimtracker1  Read Replies (1) of 14464
 
I received my annual report today. Hmmmmmmmmmmmmmmm
It is interesting to note that the annual publication is a little over 50 pages long. Approximately 30 pages are devoted to management remuneration and options. Now what does that really mean?

In addition I note that as published before, RMTR's real estate is pledged to cover a line of credit. Additionally they have their intellectual property pledged to creditors to guarantee payment of corporate debt.

Now, most disturbing to me is that RMTR is considering selling their real estate and leasing more "appropriate" digs.
How can they sell their real estate if it has been pledged to cover a loan?

Anyway, I have to go to a meeting. I will let you financial researchers figure out an realistic answer to the above.

I can't go to the annual meeting, as I am going to watch my granddaughter graduate from UC Northridge.

If I did not have this scheduling conflict, I would go to Colorado Springs and auger the BOD and give them an opportunity to grow a new one.

Jim
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