Wednesday, June 4, 2008

Status 4 June 08

The 2 June status conference did not result in any changes. Due to the ongoing settlement discussions the case was not set for trial. Another status conference is set for August 11, 2008, at which time the matter will probably be set for trial if it has not settled.

Again, investors are cautioned that the settlement discussions will not necessarily be successful. The parties have substantial differences at this point.