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You should not be too puzzled Anon at 12.34. The purchase from Simplify is the passing of one branch of an ABS to another. If Simplify could not make it profitable I suspect the Co-Op will not be able to. Time will tell but not a knee jerk reaction to vote it down. I think we can also drop the ethical stance nonsense. After its well documented parent company problems the Co-Op is now majority owned I think by an assortment of hedge funds and investors.

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