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To: jim_p who wrote (12789)9/11/2002 12:46:50 AM
From: Wowzer  Read Replies (1) | Respond to of 206092
 
JimP, thanks for your comments! Are you serious about Moe offering to buy SI's interest?! I feel like I hit the big time. Shoot wish I had more shares....



To: jim_p who wrote (12789)9/11/2002 1:02:42 AM
From: S. maltophilia  Respond to of 206092
 
<<expressed an interest in buying the entire SI block of PGO today>>

He can have all he wants of mine at $10.<g> I hope neither U-Moe or anyone else mistakes our "block" as a single unit. We'll probably have similar voting patterns if, say, jim_p was to be on a ballot for the board, but we're all voting our own proxies and buying/selling our shares independently.

If PGO can float 51.6M new shares (what's the significance of that number - 50% of existing shares?) to raise $150-200M, and sells Atlantis for some decent amount (are bribes to some sheik legal under Norwegian law?), I have no problem with any resulting dilution. $500M should be relatively easy to roll over for any well run company this size with a reasonable chance of turning a profit.



To: jim_p who wrote (12789)9/11/2002 1:24:53 AM
From: Libbyt  Respond to of 206092
 
BTW, Moe expressed an interest in buying the entire SI block of PGO today.

That sounds like a positive development. Thanks to jim_p and Big Dog for your efforts and updates on PGO!