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Re: None

Wednesday, 04/19/2006 12:46:09 AM

Wednesday, April 19, 2006 12:46:09 AM

Post# of 286288
I hear talk that "the SB2 is not effective yet", and that dilution cannot have occured yet because the SEC has yet to approve this SB2...

But the SB2 governs only GOLDEN GATE INVESTMENTS ability to convert debenture (dilute), does it not?

I mean, JF increased A/S to 25 billion in late March, and that 25 billion A/S is something entirely apart from GGI.

Does he need some kind of "approval" first, before issuing THOSE shares too?

TIA

Rick