Misperceptions Debunked

[Movieguy]

Thank you for your effort, Resource, especially as we watch the stock plummet. But I have to really question you on "TOT almost certainly is preparing to bid for IOC." I mean yeah, it's a possibility, but "almost certainly?" I don't mean to give you a hard time, and we are both on the same side, but I believe you have been confident of many buyouts since a year or so ago with RDS, etc. I, and many on SHU, would love a buyout offer as it should bring the stock eventually to close to fair valuation, so I hope you are right. If you have any info that could give us more confidence in your Total bid, it would be greatly appreciated.