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Re: sludgehound post# 126284

Friday, 09/01/2006 4:28:08 PM

Friday, September 01, 2006 4:28:08 PM

Post# of 315345
Heres the deal. They mentioned preferred shares. So, if the PR is correct, what they will do is issue you 10K shares of "preferred" stock for each share of common stock you own. What they failed to mention in the PR if infact the PR is correct is at what ratio these preferred shares converted into common? 1:10,000? or higher?

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