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Message: Two observations by reading the "new" Proxy from 09/17/08

Two observations by reading the "new" Proxy from 09/17/08

posted on Sep 17, 2008 10:51PM

1. The following was in the Proxy from last week, but I oversaw it (sorry, if this was brought to the board's attention already):

The Technology Committe is no longer existing (Tredennick was Head of it)

"Effective from August 2007 until March 2008. The Technology Committee was disbanded in March 2008."

I guess, with Bibeau and Schrock as additional experts, there was no need for a Technology Committe - the whole board should be one...;-)

2. The only difference between the "old" and "new" Proxy (besides the corrected number of outstanding shares):

Helmut Falk, Jr. 3,528,231 - "new" Proxy: 3,593,231

Donald E. Schrock 104,175 - "new" Proxy: 89,822

While the increase of Schrock's shares are due to the monthly vesting options, Mr. Falk has 65.000 shares less (compared from between Aug 29th and Sep 12th) - just an observation, maybe he sold them to Crossflo...lol

GLTA

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