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Re: Redeyes post# 27448

Monday, 11/17/2014 1:18:46 PM

Monday, November 17, 2014 1:18:46 PM

Post# of 79304
Ok so assuming the $712.5k was tangible...Trimax is accepting 10% of the value although a portion of the value is comprised of 2,325,581 shares at 0.0172 each.

I dont have L2 but are these for sale now? (current bid is 0.0173) Or was the current bid price just used as a value to determine # of shares issued.

My brain is thinking this....

Trimax had to be expecting 50% value for the promisary note....assuming they took the $30k cash, the shares may be worth the remaining $326,250...which would be $0.1386 each

LMAO ...its a party in my head...just saying