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Odin

Carbon Dated and Proud
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Frymuchan from the Ragingbull forums have also emailed Luke Haase recently and here's what frymuchan has posted:<blockquote>I think we have a long, painful wait ahead of us before any news comes out. I emailed Luke Haase, Interplay's investor relations person, to try to get a sense of where things are at with Interplay.

He said that Interplay has a checklist of events that they are working on. He said first order of business was getting worker's comp back, which Interplay did. He said the next task is for Interplay to work out a deal with their previous landlord (which supposedly Interplay is working on). Then, he said Interplay would seek to obtain a new lease (note the word "seek"). After that, they would work to bring back their employees (note the word "work"). Luke said that the final step would be for Herve to seek/close a deal or deals that would give Interplay financing going forward.

None of this sounded all that encouraging to me, too many steps, and too many places where things could get tangled up. Seems to me they should first close a deal to get financing, which would encourage investors and help bring back employees or allow them to hire on new employees. This whole process is about the most ridiculous comedy of errors I have ever seen.</blockquote>Doh really ?!
Link: RagingBull thread
 
They're doing a great job of fixing the fence now that all the cows have bolted. :roll:

These people need to face-up to reality. I'play is on life support at the moment, waiting for someone to come in and yank out the plug.
 
frymuchman said:
Kafalas: Are you saying you think Herve is dragging things out and already has obtained some sort of financing and is just allowing friends and family to snap up shares on the cheap? I wondered about that myself, why would the guy buy 9 million shares recently unless he had a pretty good idea he could get a financing deal with SG Capital. Or it could be that events have slipped away from that little Hervie character. Seems like a pretty big mess. Personally, I'd be ecstatic with any kind of deal that would postpone bankruptcy. Then, I could make a profit before I sell the rest of my shares.
Ahh yes, it's all just a conspiracy.
 
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