Ann: Quarterly Activities Report , page-9

Hi all - I have been keeping an eye here as well.

SOL is good and bad - ask yourself what happens when they get to 20%?

Either it's a good outcome and they make a bid or it's a bad one because they can't keep buying except through the creep rule. (I'm not exactly up to date on this rule so forgive me if it's changed).

I was thinking SOL would provide a bit of the future funding required but if they get to 20% I think all they can take is their share of a cap raising - maybe they can struct a convert or something to get aound it.

Either way if they have to stop @ 20% it would put it on a knife edge - takeover or no buyer left for a while.