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Re: The Rainmaker post# 35575

Monday, 04/22/2013 4:02:04 PM

Monday, April 22, 2013 4:02:04 PM

Post# of 146837
The Rainmaker, with today's 2011 & 2012 filings...

I agree 100% and I am surprised at some who pressed the panic button.

All of the old convertibles were already converted last year as clearly indicated within the filings today and the new ones would only convert for less than 15 million shares to give them the value of what is being held... and that's if they were to look at converting right now.

I'm confident that they are not going to be converting anytime soon because of wanting to hold onto their position for much higher prices. Heck, the company hasn't even began to mature just yet as SKTO is still in infant stages.

To add, the higher the price from this level, the lower the amount of shares that would be used for conversion. Those SKTO filings were much cleaner than what I had expected. I think we are in great hands.

If these guys had any intentions of dumping on us at these levels, it would have happened a long time ago.

v/r
Sterling