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slapngo

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slapngo

Re: IHDR post# 18

Sunday, 07/02/2006 2:02:57 PM

Sunday, July 02, 2006 2:02:57 PM

Post# of 45244
I believe more shares were received in consideration of the license transfer. More shares were also issued for services provided. The 1.5 million were for a portion of services rendered. I believe the shares held are around 32 million.

That would make the market valuation of the equity 1.92 million roughly.
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