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Re: RIGATONI post# 194325

Monday, 11/07/2011 10:47:06 AM

Monday, November 07, 2011 10:47:06 AM

Post# of 382283
Spoke with Edwin Salmon...

Here's the quick DD,

1) new web site coming
2) 100% focused on shipping and cruise industry
3) name change
4) steady news flow
5)90% of shares accounted for as friendly
6) Float about 9 million
7)Previous debt conversion increased float from old pnk sheets number
8)Average shareholder cost is in between .10 - .12
9)No other debt conversions , no debentures or current dilution into the float
10) filings being completed and uplist to otcq
11) Previous financing in press, is in the form of a loan, hopeful to be completed in the near term. This is a straight loan with no stock tied into it.
12)8k in the works detailing the deal annonced today
13)Other contracts could very well be done and announced shortly

This is my opionion of what I heard. Your own DD a must !

~Rig

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