Yeah imback, it seems totally insane (in a business sense), and...

Yeah imback, it seems totally insane (in a business sense), and to defy all rational business common sense and thinking.

I can only think that we have not been informed of the other talks with CASA, and that certain directors and managers will get other benefits from CASA that were not documented and that we do not know about.

For instance, have you seen how much CASA are paying their Chinese executives and managers in salary and remuneration per year, from USD$2 million to USD$6 million, it almost seems like just another ponzy scheme for moving money out of CASA China.

I wonder if senior executive management of NTC have been promised positions with CASA for salaries and benefits of $1 to $2 million dollars per year, or more, but that these discussions are currently gentlemen's agreements at the moment and not written into the scheme.

IMHO something else is certainly going on that shareholders are not being honestly informed about, though there is a fiduciary obligations to inform them.

Look at what CASA are getting, with a falling Australian dollar, they will probably only have to pay about 70 cents USD, or less to acquire NTC, but not only that, they can use the current NTC cash balance to (effectively) pay for some it.

If we calculate the (potential) arbitrage, and use the NTC cash balance, then CASA Systems may need to only pay (out of their own pocket), about 50 cents USD per share.

I'm sure CASA have run these numbers, and like I said, probably can't believe their luck.

Gw