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Pinnacle deadline extended


Master Bates

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1) Sorry perhaps should have said Fry would insist on knowing and talking to the Moneymen. We were told of a meeting & conf call on 7th May with all the parties

 

2) MJ has made no statement to the press.

An employee of SFC Ltd appears to have leaked the fact that MJ was at SMS on 7th May.

If it wasn't an employee then it was Fry which is out of order.

SG is the official spokesperson, I don't get the Echo but I think he has only made ONE statement so far.

 

3) I spoke to MJ this morning on messenger, neither he nor SG spoke to the Echo yesterday, so who else told that story today?

 

4) Agree it is hard to trust or take on trust anyone.

These bids have by nature been put together very quickly.

I expect if anyone could do a poll of everyone in any of these discussions I would expect

 

No one trusts MJ

No one trusts Fry

Lynam no longer trusts one of his investment partners

No one can keep their mouths shut at SMS so who's leaks can anyone believe

And as for the Echo & Solent - Pink Bentley that may have been a Roller

 

The PROBLEM is that I still haven't seen a viable alternative.

If you have friends close to Pinnacle then they will be telling you what they believe the issues are that they are having.

Think it is highly unlikely that their problems are caused by MJ's group.

 

If it is so wrong that he is at least trying then Where the hell is everyone else that is supposed to be riding to our rescue?

An overseas bidder? Hmm Think we've heard that one before

 

A lunatic dyslexic FAN is the ONLY person left talking to Fry? Jesus that tells us a lot about our so called wealthy/benefactor/City Expert/uber fan/ Supporters doesn't it.

 

What is the alternative right now at this moment? PLEASE somebody SOMEWHERE HELP.

 

But they aren't and we're busy still trying to blame someone and couldn't even get our legends match together

 

Whats wrong with that; doesn't means he's retarded or anything

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DP,

 

That is fair enough, fair play for telling Marc personally how you feel, however I have one question. How can you possibly trust this man on anything given his past history???

 

It matters not whether I trust him or not. it doesn't even matter if FRY trusts him. It matters only whether he can get his group to DELIVER. So far they seem to keep being knocked back by Fry and yet still keep coming back. Thank God somebody is still fighting to save the club

 

I posted an "essay" yesterday about what likely is going on at Pinnacle. just transpose that and somebody somewhere is probably trying to do something to keep a grouping coming back into the ring.

 

But more than that, just think through the process.

 

Fry required proof of funds to even SIGN an NDA. How did these two guys prove they had 15mil? Answer, it was somebody else who would also have HAD to sign the NDA, so clearly is aware of what is being done in his/her name even if they aren't fully involved

 

Fry would have insisted on talking to the moneymen. How could MJ have "BS'd that?

 

Fry would have insisted that any actual offer was linked with details as to who would actually be sending in the money

 

There has only been one difference so far that I can see between Pinnacle & these guys - Pinnacle did all the talking in the media.

 

Whereas MJ did his talking on his Facebook profile.

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It matters not whether I trust him or not. it doesn't even matter if FRY trusts him. It matters only whether he can get his group to DELIVER. So far they seem to keep being knocked back by Fry and yet still keep coming back. Thank God somebody is still fighting to save the club

 

I posted an "essay" yesterday about what likely is going on at Pinnacle. just transpose that and somebody somewhere is probably trying to do something to keep a grouping coming back into the ring.

 

But more than that, just think through the process.

 

Fry required proof of funds to even SIGN an NDA. How did these two guys prove they had 15mil? Answer, it was somebody else who would also have HAD to sign the NDA, so clearly is aware of what is being done in his/her name even if they aren't fully involved

 

Fry would have insisted on talking to the moneymen. How could MJ have "BS'd that?

 

Fry would have insisted that any actual offer was linked with details as to who would actually be sending in the money

 

There has only been one difference so far that I can see between Pinnacle & these guys - Pinnacle did all the talking in the media.

 

Whereas MJ did his talking on his Facebook profile.

 

Good point, well made, 15 - love.

 

Meanwhile we inch along

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Whereas MJ did his talking on his Facebook profile.

 

Good point, well made, 15 - love.

 

Meanwhile we inch along

 

 

What about 'lifelongsaint' then ?

 

Jacksons behaviour on this forum and indeed the bournemouth fans forum make him out to be a right tosser.

 

Claims of him being a Saints fan, disgust me.

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Good point, well made, 15 - love.

 

Meanwhile we inch along

 

 

What about 'lifelongsaint' then ?

 

Jacksons behaviour on this forum and indeed the bournemouth fans forum make him out to be a right tosser.

 

Claims of him being a Saints fan, disgust me.

 

Not such a good point not so well made 15-all

 

You haven't read the threads :p

 

he is not a right tosser, he is a right w****r.

 

Meanwhile, he's the only w*****r we have

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Crouch gave plenty of false promises

 

 

Got any proof of this mush ?

 

or is yet more peddled rubbish based on rubbish in newspapers and internet forums ?

Edited by TNT
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I can forsee an interview on the tellybox with MJ very soon.

He gives me the impression that he would not be able to contain himself if pressed for a "few words on camera" whatever damage it may well do to him,SFC or the proposed bid by himself and Green.

I believe it's all for the Kudos and the "look at me" factor with him,he just can't help himself, or for that matter give an informative, well structured and cohesive TV interview,as most of us have seen.

It's a worrying state of affairs if we have to look to him to help SFC.

All IMO.

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I tried looking through but didnt see this anywhere else: at the bottom of the Echo's article it claims Pinnacle had a bid deemed acceptable by all the creditors and that they had a plan that was agreed to be in the best long term interests of the club, so unless I am missing something what is stopping them from entering a period of exclusivity?

 

http://www.dailyecho.co.uk/sport/4384529.New_bid_to_save_Saints/

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I tried looking through but didnt see this anywhere else: at the bottom of the Echo's article it claims Pinnacle had a bid deemed acceptable by all the creditors and that they had a plan that was agreed to be in the best long term interests of the club, so unless I am missing something what is stopping them from entering a period of exclusivity?

 

http://www.dailyecho.co.uk/sport/4384529.New_bid_to_save_Saints/

 

Mark Fry ?

 

show_me_the_money.jpg

Edited by saint lard
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I dont care who it is behind the setting up of the deal if I have a football club to support next season that will be enough for me. However, I dont want to have to go through this again in the next season or two. Please lets just all get behind whoever buys us and give them our support. My money is in the bank waiting for the season tickets to be released.

 

Exactly, and any message given to the contrary will make any investor simply walk away.

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A couple of days ago I really thought our days as a club were evapourating

at an incredible speed.

 

I am pleased that someone LLS and SG appear to have gone more than that extra mile to give us a future. I just hope they can bring it to fruition. I dont here the likes of Fulthorpe / salzt an co producing any tangible input unless they are tied to an NDA.

 

LLS has been given plenty of stick in the past but one thing is for sure he is a saints fan. He has done an awful lot more to save the day than the majority of us on this forum. So give him some slack.

 

Yes there was the deabcle a couple of years ago re the takeover. but when people do not want to sell shares or want to sell them at stupid prices then there is not a lot a potential purchaser can do apart from paying an inflated price for the shares.

 

Anyway when can we expect this all to happen , Well I think it will be next week. but then I will say it is next week next week.

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Frank, with the greatest of respect you may need to get over yourself before you tackle the shebang. Crouch gave plenty of false promises and to a degree we have largely bought this upon ourselves and therefore it is petty to be questioning whether we get in the bunker 3 minutes after the 4 minute warning has been sounded because you may not like the hopes and dreams of your inmates. Survive or die Frank, lets just effing support the deal and enjoy the ride.

 

What's so unreasonable about a Beckham soccer school tie in anyway?

 

Nothing unreasonable if it had any grounding in reality instead of being made up BS by somebody who is away with the fairys.

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I tried looking through but didnt see this anywhere else: at the bottom of the Echo's article it claims Pinnacle had a bid deemed acceptable by all the creditors and that they had a plan that was agreed to be in the best long term interests of the club, so unless I am missing something what is stopping them from entering a period of exclusivity?

 

http://www.dailyecho.co.uk/sport/4384529.New_bid_to_save_Saints/

 

Good point maube it was enough for everyone but not enough for someone's fee

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Actually it was his programme notes

 

So he "once" said he hoped to find some investment.

 

big bloody deal

 

 

Ever hear Rupert Lowe say those words ???? Nope to wrapped up in himself despite the club going backwards due to no INVESTMENT.

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I tried looking through but didnt see this anywhere else: at the bottom of the Echo's article it claims Pinnacle had a bid deemed acceptable by all the creditors and that they had a plan that was agreed to be in the best long term interests of the club, so unless I am missing something what is stopping them from entering a period of exclusivity?

 

http://www.dailyecho.co.uk/sport/4384529.New_bid_to_save_Saints/

 

 

There is continued talk about 'paperwork' which just doesnt add up as almost a week has now passed if not more.

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A couple of days ago I really thought our days as a club were evapourating

at an incredible speed.

 

I am pleased that someone LLS and SG appear to have gone more than that extra mile to give us a future. I just hope they can bring it to fruition. I dont here the likes of Fulthorpe / salzt an co producing any tangible input unless they are tied to an NDA.

 

LLS has been given plenty of stick in the past but one thing is for sure he is a saints fan. He has done an awful lot more to save the day than the majority of us on this forum. So give him some slack.

 

Yes there was the deabcle a couple of years ago re the takeover. but when people do not want to sell shares or want to sell them at stupid prices then there is not a lot a potential purchaser can do apart from paying an inflated price for the shares.

 

Anyway when can we expect this all to happen , Well I think it will be next week. but then I will say it is next week next week.

 

It was not that long ago he was a Bournemouth Fan,as stated by himself.

Give it a while,and all else has failed, he will be trying to purchase Privett Park,the home of Gosport Borough,anything for a bit of kudos amongst his peers.Looks like i will have to reluctantly accept him.

Sorry,i'm grumpy.

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The thing we have to remember is the finance - Both Pinacle and MJ/SG are acting as brokers and funding their proposals through consrtia of various sizes who have pledged support. As it comes to crunch time these investors then need to realise the capital and its often as simple as them then finding it more difficult to liquidize assets to provde these funds. We saw no takers when activly looking BEFORE the current credit problems , so in these times its probably even more difficult both sets of brokers to get the cash - as well intentioned as as hard working as they may be, if the money men dont come up with the readies its not going to happen.

 

The problem as I see it is (and I may be completely wrong here) is I simply dont get why these groups dont look to buy the club and pay off its debt and deal with AVIVA to continue the sustainable mortgage - it would then only cost about 5-6 mil rather than the 14 mil FRy is looking for the whole lot.

 

Now it may well be that currently, based on the existing contracts , and teh forecasted revenue being realistic about the ticket prices AND the attendence, the figures dont add up, so obviously the first thing needed is a reduction in overhead - reduce the squad and then make sure the ticket price is affordable and value for L1.

 

What worries me slightly is that this should be possible for experienced professionals - who would then provide a credible business plan that satisfies AVIVA balanced against a playing squad that will rovide at least enough appeal to get bums on seats if not challenge in the first few years whilst we consolidate.

 

The demands of fans now for simple survival will be very quickly forgotten if following a purchase we are still languishing in the relegation zone next season which is possible given the points deduction. the worry is that we wont see the sudden flood of fans and that revenues will not be able to sustain the contracts if there are no takers for teh higher wage earners who did not exactly set the league on fire last season and perhaps that part of the problem.

 

I am sure everyone who posts on here is determined to go to as many games as they can whatever division - we after all a few hundred obssessives, but what of the masses - will L1 football appeal to enough to make a business plan work even if struggling in league 1?

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It was not that long ago he was a Bournemouth Fan,as stated by himself.

Give it a while,and all else has failed, he will be trying to purchase Privett Park,the home of Gosport Borough,anything for a bit of kudos amongst his peers.Looks like i will have to reluctantly accept him.

Sorry,i'm grumpy.

 

 

I played for Gosport many moons ago. There is no way they would let a chancer like Jackson even near the clubhouse bar.

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With the idea of consortia banding together to buy the club; it would mean an awful lot of chiefs (more than first team squad players on the books?) and given the trouble in making any decisions so far in the efforts to buy the club, wouldn't bode well for the future!

we need a One, not more management by Committee!

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With the idea of consortia banding together to buy the club; it would mean an awful lot of chiefs (more than first team squad players on the books?) and given the trouble in making any decisions so far in the efforts to buy the club, wouldn't bode well for the future!

we need a One, not more management by Committee!

 

Well most clubs are owned by one or a group and to be honest we also do not want a load of yes men.

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With the idea of consortia banding together to buy the club; it would mean an awful lot of chiefs (more than first team squad players on the books?) and given the trouble in making any decisions so far in the efforts to buy the club, wouldn't bode well for the future!

we need a One, not more management by Committee!

 

It all depends who they (the consortium) put in charge - it doesn't always follow that the consortia turn into the board of Directors.

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I tried looking through but didnt see this anywhere else: at the bottom of the Echo's article it claims Pinnacle had a bid deemed acceptable by all the creditors and that they had a plan that was agreed to be in the best long term interests of the club, so unless I am missing something what is stopping them from entering a period of exclusivity?

 

http://www.dailyecho.co.uk/sport/4384529.New_bid_to_save_Saints/

 

 

It's not FRY's preferred Bidder ............

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I tried looking through but didnt see this anywhere else: at the bottom of the Echo's article it claims Pinnacle had a bid deemed acceptable by all the creditors and that they had a plan that was agreed to be in the best long term interests of the club, so unless I am missing something what is stopping them from entering a period of exclusivity?

 

http://www.dailyecho.co.uk/sport/4384529.New_bid_to_save_Saints/

 

I think this was probably answered in Lynam's interview earlier in the week.

 

It appears that despite their initial discussions they were unable to give the firm assurances that Fry was looking for.Possibly due to one or two members of the consortium getting "cold feet".

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From that statement I'm assuming you know who is? ;)

 

I get the distinct feeling that Fry has shown a "cold shoulder" attitude to Pinnacles "bid", and has put "obstacles" in their way

 

Just a "gut" feeling, nothing more

 

 

Also, I do not know who. if anyone, will be taking us over.... but, again I have a "gut" feeling

 

 

PS .... before anyone comments ...... I will get some Rennies for my "gut"

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Come on ... it's Rollover Takeover Friday (Part 25) ... surely something is going to happen today, or are the proposed buyers going to let Crouch pay this months salaries and then make their move :cool:

 

What will happen to Fridays after we finally get taken over ... will we sign Rudi Fridays :D

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Come on ... it's Rollover Takeover Friday (Part 25) ... surely something is going to happen today, or are the proposed buyers going to let Crouch pay this months salaries and then make their move :cool:

 

What will happen to Fridays after we finally get taken over ... will we sign Rudi Fridays :D

 

Well, Fridays ARE Karaoke night - maybe we'll get you up to sing that next time!

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So he "once" said he hoped to find some investment.

 

big bloody deal

 

 

Ever hear Rupert Lowe say those words ???? Nope to wrapped up in himself despite the club going backwards due to no INVESTMENT.

 

TNT go back over your programmes from January to May 2008 and read the rubbish Crouch tried to palm us off with, assuming you were at the games of course. I had an open opinion on the bloke but after reading the guff from his own pen for just 5 short months by the end of it he made a good job of proving himself to me as being obsessed with the role and his profile to the fans than the actual job in hand. IMO that is how he came across and I was relieved if nothing else for the retrun of Lowe. In any event though i remain a staunch and loyal Fan who will be in the queue for his STs as I have been for the past 12 years (Just for Toomer that one;-))

 

It wasnt just the investment the lies about the financial position of the club and no need to let players go in the January window. He probably said no need to sell players but sell or loan for the rest of the season its the same thing with regard to availability.

 

His comments on the D&G appointment, his belief and everyone at the club's belief we would make the playoffs when most fans knew before Christmas we were struggling.

 

IMO Crouch proved talk is cheap and Lowe proved positive action in a survival scenario is futile.

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I get the distinct feeling that Fry has shown a "cold shoulder" attitude to Pinnacles "bid", and has put "obstacles" in their way

 

Just a "gut" feeling, nothing more

 

 

Also, I do not know who. if anyone, will be taking us over.... but, again I have a "gut" feeling

 

 

PS .... before anyone comments ...... I will get some Rennies for my "gut"

 

I agree it is very odd that Pinnacle haven't moved forward if the Echo is correct and the creditors were happy, it could of course be that their wealth is locked up in assets and getting the £14m to present to Fry is a problem but I don't think that is it.

 

Could it be that the overseas group is such a good proposition that Fry is trying to bring them forward so that they put a bid forward by freezing out the rest of the competition?

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I agree it is very odd that Pinnacle haven't moved forward if the Echo is correct and the creditors were happy, it could of course be that their wealth is locked up in assets and getting the £14m to present to Fry is a problem but I don't think that is it.

 

Could it be that the overseas group is such a good proposition that Fry is trying to bring them forward so that they put a bid forward by freezing out the rest of the competition?[/QUOTE]

 

 

Not IMHO

 

 

I think it is on the same lines as "Free" Elections in Zimbabwe .............

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Just lock 'em all in the boardroom, Fry in charge with a Liger on a lead. Then order them "best offer gets the club, sign NOW or I release the Liger..."

Sometimes strong arm tactics are necessary! ;o)

 

liger.jpg

 

Ok, more seriously - What the hell is going on?! I am being patient and expected another full week (this week) to run without news but how much longer must we wait?! I don't want to use the well worn "I am beginning to fear the worst" line but time is not on our side. Let's hope something can be wrapped up by next week, latest.

 

Does anyone actually believe we have foreign interest and it's now a case of due dilligence with them, followed by tabling a bid or period of exclusivity or is this an unreasonable request by Fry? 500k non refundable deposit. Anyone serious would surely not mind.

 

Or, have the actual demands of Fry (on behalf of Aviva and those idiots at Barclays) been too much (possibly too greedy, considering the financial situation and their management of the debt)??

 

Or...is there just too much paperwork and haggling going on? I mean - confidential information not for the public's eye, intricate financial dossiers, clauses and financial plans, combined with repayment stages that are still being amended and haggled over?!

 

My bet is with the latter...I hope.

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I get the distinct feeling that Fry has shown a "cold shoulder" attitude to Pinnacles "bid", and has put "obstacles" in their way

 

Just a "gut" feeling, nothing more

 

 

Also, I do not know who. if anyone, will be taking us over.... but, again I have a "gut" feeling

 

 

PS .... before anyone comments ...... I will get some Rennies for my "gut"

 

*Passes Richmond the immodium*

 

I get a similar impression to be fair. I feel that Fry may have become a bit worn out and frustrated by the lack of financial action (rightly so) and has pushed Pinnacle and the joker Jackson gang to the side, preferring more serious players.

 

I believe he is playing a risky strategy but I can't blame him. Purely supposition (what else do we do on here?!) He hasn't much else he can do with a poor offer from Jackson, Green, esq. (and not a good track record for reliability) with add ons, phased payments (not what creditors want - they want money on the table.) Then the lack of payment (exclusivity) from Pinnacle and the 500k deposit (whether they aren't able to find funding or it's just a strategy is anyone's guess but Fry may favour someone else as a result of this inaction). Then we have this foreign interest which I, frankly, believe. I also believe that Fry may use this as his best (only) bet, being properly financially backed according to reports (if true) and levering some action from this mysterious biddder on the back of the former, less promising bids.

 

Who's to guess?! Not me. Well, errrrrrrr....I just did. Tried to figure something out. I do believe the foreign option is the bid Fry is keen to encourage, purely from the simple need to sell the club and pay off the debt. Serious backer, serious money, actions, not words.

 

Tick, Tock, Tick, Tock..........

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Just lock 'em all in the boardroom, Fry in charge with a Liger on a lead. Then order them "best offer gets the club, sign NOW or I release the Liger..."

Sometimes strong arm tactics are necessary! ;o)

 

liger.jpg

 

Ok, more seriously - What the hell is going on?! I am being patient and expected another full week (this week) to run without news but how much longer must we wait?! I don't want to use the well worn "I am beginning to fear the worst" line but time is not on our side. Let's hope something can be wrapped up by next week, latest.

 

Does anyone actually believe we have foreign interest and it's now a case of due dilligence with them, followed by tabling a bid or period of exclusivity or is this an unreasonable request by Fry? 500k non refundable deposit. Anyone serious would surely not mind.

 

Or, have the actual demands of Fry (on behalf of Aviva and those idiots at Barclays) been too much (possibly too greedy, considering the financial situation and their management of the debt)??

 

Or...is there just too much paperwork and haggling going on? I mean - confidential information not for the public's eye, intricate financial dossiers, clauses and financial plans, combined with repayment stages that are still being amended and haggled over?!

 

My bet is with the latter...I hope.

 

Personnaly I like the Liger idea better

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I have a theory. And it kinda adds up to me. Do any of you watch Lost? :cool:

 

MLT and the Pinnacle group crash landed at SMS a few weeks ago on a Flybe jet.

 

Wotte (he's our "Richard"), and the backroom staff are the "others"

 

Lowe is a Charles Whitmore .... Crouch is Ben. Both banished from the island (or SMS in this case).

 

Fry is Jacob .... and Jackson is his evil nemesis wanting full control.

 

So .... will a Juliet type character from the Pinnacle group sacrifice herself and explode a pocket of gas under our contaminated stadium?

 

And ..... "what lies in the shadow of the Ted Bates statue"?

 

 

 

Your thoughts please ....

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I have a theory. And it kinda adds up to me. Do any of you watch Lost? :cool:

 

MLT and the Pinnacle group crash landed at SMS a few weeks ago on a Flybe jet.

 

Wotte (he's our "Richard"), and the backroom staff are the "others"

 

Lowe is a Charles Whitmore .... Crouch is Ben. Both banished from the island (or SMS in this case).

 

Fry is Jacob .... and Jackson is his evil nemesis wanting full control.

 

So .... will a Juliet type character from the Pinnacle group sacrifice herself and explode a pocket of gas under our contaminated stadium?

 

And ..... "what lies in the shadow of the Ted Bates statue"?

 

 

 

Your thoughts please ....

Im lost with all that Im afraid
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I have a theory. And it kinda adds up to me. Do any of you watch Lost? :cool:

 

MLT and the Pinnacle group crash landed at SMS a few weeks ago on a Flybe jet.

 

Wotte (he's our "Richard"), and the backroom staff are the "others"

 

Lowe is a Charles Whitmore .... Crouch is Ben. Both banished from the island (or SMS in this case).

 

Fry is Jacob .... and Jackson is his evil nemesis wanting full control.

 

So .... will a Juliet type character from the Pinnacle group sacrifice herself and explode a pocket of gas under our contaminated stadium?

 

And ..... "what lies in the shadow of the Ted Bates statue"?

 

 

 

Your thoughts please ....

 

I'm calling the mental health.

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