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Ann: NuSep 2013 SPP Closes , page-3

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  1. 867 Posts.
    LT,

    I know we've had offline conversations and you were thinking about the SPP. I bet you're glad you listened to me now! I don't think they'll even raise $1m, after you take out the oversubscription by RB & Syd...and that will all go back to the pockets of the few. I'll bet you 9 for 10 we don't even get a membrane plant.

    There's an incredible lack of real transparency which has pervaded since the inception of the company and well before by the powers that be.

    I suggested you consider selling your shares at 5c when that was available as history has shown that we should expect the price lower than 4.5c soon after the SPP. I just didn't expect it so soon. I hope, for your sake, there is some price manipulation, driving the price up to help you get another chance.

    I think now you, like most of us, regret that the couple of decent shareholders who tried to get change a few years ago, were thwarted by the Gohst transaction, which remains unpaid.

    BT, I don't think your holding will be able to exert enough power to get these guys out. If you put in $15k, I'm sorry to hear that.

    As far as RB and Syd, I hope they have oversubscribed and get their full allocation. RB said he'd do $50k. I'll bet he is as good to that word as he has been to the others.
 
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