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Ladeytrader

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Ladeytrader

Re: None

Monday, 06/12/2006 9:21:16 PM

Monday, June 12, 2006 9:21:16 PM

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In the case of a warrant the shares LDGIW will become untradable once it hits a certain price. In this case for the Dilution of LGN to take place it's warrant would have to reach 1.10 and all 8.8m shares will be moved into the LGN o/s... Making the warrant LDGIW a no longer tradeable stock.. The company does this to raise capital for the company..

850k in float.
insider has 8m even.
thats his shares to take over LGN.
over 50% of stock

LGN o/s will be increased by 8.8m when LDGIW hits 1.10
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