On Thu, May 31, 2007 9:03 am, Steve Gillen wrote:
> I'm with Jeremy on this one - well at least with him on his P.S.
>
>
> Buggered if I know what's going on
>
>
> What happened to the "Sons of the Desert" potential buyer? Did the
> rumour just fade away?

No news is probably good news as far as that is concerned.  Rich Duniec
(Chair of LUST) posted on WACCOE that when LUST approached Bates about a
deal, they were asked to sign a 7 page confidentiality agreement (which
included a clause about not disclosing that a confidentiality agreement
actually existed).  They didn't sign.  The fact that Revie has provided
proff of funds and then gone quiet might be (and I'm speculating) because
he has signed such an agreement.  Ditto any other bids.

- Sean
(In the "Bates Out!" camp, FWIW)


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