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Message: A Company Take Over

You missed the point of the discussion.

Everything I stated is true to provide Raggie an answer.

You have to start with the original question/statement.

He thought that edig management plus the BOD owned about 50% of the stock, a simple comment.

I answered the question by stating that the combined total of outstanding shares by those two groups was approx 20%, therefore 80% of the total was held by non edig employees and BODs.

With that number the control of the election of BOD or or a tender was not in control of the company.

I know how many each own from the 10K, but for the purpose of discussion, I wanted to let Raggie know that the 50% comment was incorrect.

Sorry if I confused you with my answer

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