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Re: butoft post# 56875

Saturday, 05/10/2014 1:13:56 PM

Saturday, May 10, 2014 1:13:56 PM

Post# of 163726
Yes I think commons were placeholders. I assume the 2.7B were assigned to the same people that are among the 84 that will be getting preferds. If they get the commons converted to preferred next week I think that they will have their share structure in place. That's likely when we will see the shareholder letter. We shall see, maybe we're wrong and they are just going to hand out 50 bajillion shares to every cousin they have but that wouldn't make alot of sense.

Just remember, all of their shares, common and preferred are locked up for some duration of time 6 months to 1.5 years. Therefore whatever they do is going to make sense to raise the pps not destroy it. All of these people who say that they don't care about us because we aren't legacy investors need to take a step back and think about it. What about the 8-k to clarify the form 4 confusion weeks ago. What about the attempts to prop up the PPS after the dilution started? These guys know that if they lose us they will be looking at a worthless share price and they will no longer be able to use shares for cash influxes. We do matter to them if they want their shares to be worth anything. If you don't believe that then you don't believe in greed.