Find out more about TMG.A -read the bios on these guys. All these people have big positions in TMG and you can bet they are watching out for their interests. One other thing to keep in mind is when the MLP is formed there will be no double taxation on some of the profits. 40m(IPO)+100m(feedstock)=140m-220m(bond redepemption)=80m finanaced thru other sources.Bond warrants invalidated=no dilution. Morgans going to issue a buy on TMG as soon as thing get figured out. Morgan only gets paid if the price of TMG goes up.