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To: Earlie who wrote (241823)5/21/2003 7:49:00 AM
From: JustTradeEm  Read Replies (1) | Respond to of 436258
 
You criticize Grace for making this solicitation public; I'd take exception to this.

In fact, one should legitimately question why as a "director of the company" as you state, one would do this privately. Why not publicly if he is only doing what in your estimation, all directors should do.

It is only natural to question those who play in the shadows here. It is much easier to trust those who are public and upfront with their intentions.

JB



To: Earlie who wrote (241823)5/21/2003 10:06:10 AM
From: Spekulatius  Respond to of 436258
 
Re: Zeev's offer -
Earlie I don't like litigation either however I do think that Zeev's offer to Grace does sound very questionable to me (the talk with the big boyz and such). Besides that the superconductor field is not that hot any more (after a boom 5-7 years ago when a lot of scientific progress was being made).



To: Earlie who wrote (241823)5/21/2003 9:22:17 PM
From: GraceZ  Read Replies (1) | Respond to of 436258
 
Earlie, if I had even one contact with the guy previous to that PM I might be inclined to agree with you. It might be the greatest investment in the world, what I object to was the wording and flavor of the message sent by someone whom I know little who knows even less about me. I mean, seriously, haven't we had enough of that? If what he did was completely legal and ethical then it did him little harm to post publicly about it. I don't wish to make trouble for him, but I think everyone should take the securities laws seriously. They are there to protect the naive and uninformed investor. A private offering of that sort is inappropriate for 99.9% of the investors out there. If I want to put money down on something of that nature I would go looking for it as you did. I've waded through more than one developmental stage company's papers and filings trying to figure out whether they are more than a post box and a couple of patents. I'm very familiar with the risks involved in investing in them, most aren't. Judging from the number of PMs I received of people stating that they got similar or the same offer I'd say I'm not the first to get it....I might have actually been the last person left who hadn't received it.

As to Zeev's intentions. I have no trouble doubting what you say is correct, that he's doing what he thinks is best for the company. The road to Hell is paved with good intentions.