RE: RE: Rights Offering Cancelled The Rights offering was not cancelled because of lack of interest, that may be too, but according to the Recap Agreement between Cline and Marret, if the current shareholders take no interest in exercising the Rights, then the Stand-by Purchasers have an "obligation" to buy 1.7billion shares on a pro rata basis of 2cents and generate 35million dollars which, according to the prospectus, was to be used for working capital. And the Stand by Purchasers was likely Marret themselves. Here Marret bit more than it could chew. First they trashed the stock with a massive dilution by converting 25million dollars into 2billion shares at 0.015, and then they could not get anybody to exercise the Rights, 8 shares at 2cent each. So by the Agreement they had to foot the bill themselves. And Cline, is in a good bargaining position because, I suspect, Marret does not want to swallow the whole bill of 35million dollars. So they changed course. That is good for Cline because the nightmare of dilution is over for now. And if Cline can find a better way to recap, we may avoid the mayhem that would come from the massive dilution by Marret. Which is a sign that Marret does not want to be a major shareholder and run Cline; they just want their money and go.Whidh is great for Cline if they can find financing somewhere else or strike a better deal with Marret and avoid the massive dilution. Anything than the Rights offering is better for us. And we can olly wist Mark Haywood, Good Luch, we support you.