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PhantomRecce

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PhantomRecce

Re: None

Wednesday, 07/23/2014 10:24:58 PM

Wednesday, July 23, 2014 10:24:58 PM

Post# of 38564
My guess is the PR that came out today was issued by Michael Hill in response to all the emails he's received of late, and/ or to stem the bleeding that occurred today. A bit late for that.

I have to say, I never expected to see a 22 million trading day from dilution. I would have thought the caps on the percentage of shares ASC Recap and Redwood can hold at any given time would not have allowed this many shares to get traded in one day.

22 million shares at an average PPS OD .0018 IS ~ $39,600. We have a long way to go if this is how StreamTrack intends to pay off its convertible debt holders.
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