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Re: KAZIN post# 24993

Wednesday, 07/12/2006 10:35:49 PM

Wednesday, July 12, 2006 10:35:49 PM

Post# of 203990
Kazin, I don't think finanicng will be an issue here. Dilution will end very soon. I don't think they will use Chassman any more, and I have spent several conversations talking to Burg about this. People need to understand that o/s was about 400M 6 months ago. We are now around 1.5B, and will probably end up around 2.4B after Pandey gets his shares (20% of o/s when XKEM hits revenues of $1.5M per momth). Chassman has been selling into every run. That is why we get the large retraces in the share count. She dumps quick and realy hurts the pps. In toltal, by teh time it is all said and one with, she will have dumped 1.7ish B shares. This is why, she can't hold them all for the run. All she could do was sell at every level until they are all said and done with. Just way too many shres at a rediculous price.

I hope this helps.
later
BigD







later
BigD

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