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Re: hotair post# 1718

Tuesday, 04/18/2006 7:02:15 PM

Tuesday, April 18, 2006 7:02:15 PM

Post# of 5941
We have accordingly cancelled certain financing agreements and we continue to expect that we will restructure GreenShift's stake in INSEQ in line with the completion of INSEQ's refinancing of its equity based convertible debentures. The conversion of GreenShift's stake can be expected to decrease INSEQ's common stock outstanding by about 3 billion shares.


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