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Re: None

Wednesday, 09/10/2014 4:36:56 AM

Wednesday, September 10, 2014 4:36:56 AM

Post# of 228992
Increase in A/S:

For all of those who think the increase in A/S on the 9th was a direct cause of the "appearance of dilution" are wrong. The filing we all read was a "Pre" filing of record. Per the document, the filing will be mailed on the 19th with an anticipated "effective date" of Sept 29th. Therefore the dumping today was either complete retail from scared or disgruntled (rightly so) share holders of the last of the old management debt.

In addition, 50 million (I know not very much out of a 4 billion increase) will be used for a "non-qualifying pension plan" (the plan).

So reading into this slightly, it does appear there is some fore thought into this, and the current plan would not include a R/S at anytime. If so, the pension plan would be directly affected.

Lastly, I would believe that this company is trying to move in the correct direction, and the increase in A/S is only a precautionary need, and hopefully will not be implemented immediately.

IF!!! This company can launch their web site very soon, and start some revenue, then there are other finance options available to them. I believe the future of this company hinges on producing revenue, and their new consumer /retail website should provide this.

All IMHO.

HIstocks

HIstocks......Hawaii Rules!!