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Technology Stocks : Allen-Vanguard Rescue Board -- Ignore unavailable to you. Want to Upgrade?

To: Krystle Chow who wrote (281)	9/23/2009 7:38:44 PM
From: beaverfever	4 Recommendations Read Replies (1) \| Respond to of 724

Krystle: Your offer to further report this story is very welcome. I don't know how much further we can help you with your story. I have been vocal on this board about my frustration with Allen-Vanguard management, as has everyone else. Not sure how identifying us in the paper will advance the story. Perhaps you might consider another angle ? While we are vocal, may I suggest that you contact Mr Luxton - who has lost his voice. Surely you have some contact information for him - since he was so heavily involved with the Ottawa Business Journal. Another contact that you may wish to make enquiries is RBC. Their contact info is on the front welcome page of this website. We have many questions for you to pose, here are a few; Luxton: 1. Why did you wait to address shareholders until several days after the deal was announced ? 2. Why hide the details of this deal ? 3. Is it suspect that Allen-Vanguard; wrote down %80 of it's value in the past few months (so assets are worth less than debt), does not report value of the order book in latest financials, continued to remain in private "exclusive" deal negotiations - where shareholders get nothing - but might be better rewarded by a public bidding process ? 4. As an acknowledgement of his failure to shareholders, and token of his good faith, why not honourably resign from Allen-Vanguard, and agree to NOT receive any future benefit from Versa/Allen-Vanguard (stock options, warrants or bonus)? Royal Bank: 1. RBC's "secured" financing facilitates a private deal where RBS is losing money. Does this happen often where RBC waives security on lending, to lose money ? 2. RBC is content to lose money on a secured loan, without invoking CCAA, bankruptcy, or opening the bid process, and yet agrees to fund the new operation - under the same "losing" management. Does this happen often in RBC corporate ownership transactions ? (perhaps they can provide a few other examples) 3. this deal is so shrouded in secrecy and lack of visibility - what is there to hide ? If you can address these questions fully and completely with Luxton and RBC, I assure you this board will applaud your efforts, and OBJ will have quite a story to tell. Thank you for your offer to help.

To: Krystle Chow who wrote (281)	9/25/2009 10:10:37 PM
From: beaverfever	2 Recommendations Read Replies (1) \| Respond to of 724

Hey Krystle Chow - Ottawa Business Journal. Want an exclusive story ? The EDC funding of the Allen-Vanguard deal, see the 240 page redacted (To redact is to edit, or prepare for publishing)Schedule A on SEDAR ( sorry - it is blank, they must have forgot to submit it, or "prepared" it for publishing) EDC's former CFO and Executive VP is none other than Allen-Vanguard's CFO, Peter Allen, newswire.ca. Not too sure how the good folks at EDC missed that little detail when they did their due diligence, but oh well - it's not like it is THEIR money. Too bad EDC's mandate for financing foreign companies wasn't a bit broader - edc.ca, because they can't finance foreign companies UNLESS they are intending to buy repeatedly from Canadian companies. Allen-Vanguard is only selling out once, so it shouldn't qualify - unless you know somebody on the inside of EDC - that is different. All Versa Capital has to do is "Hold" these assets, fully financed by EDC's Canadian taxpayers, until the heat dies down, then the IPO's will fly - 100's of millions of dollars (US) to the hardworking Allen-Vanguard executives...The only thing they overlooked - paying off the initial shareholders. So let me put this in summary perspective: the guy that wrote down the Allen-Vanguard assets to be lower than the debts, essentially making the shares worthless, is the same guy that arranged the financing to the US buyer of the devalued assets, at the Crown corporation wholly owned by the Government of Canada where he used to be Executive VP ad CFO, he being Peter Allen. Gee, I wonder if anyone really digs on this if this deal will someday unravel ?