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Re: likwit post# 12271

Thursday, 11/02/2006 9:28:39 PM

Thursday, November 02, 2006 9:28:39 PM

Post# of 141643
Because FGFC never officially retired the first 100M bought from Hayter. The TA had it at 242M since May. The increase in 40-45M was the restricted shares (30M of which were explained in last month's PR). There's only 10-15M of unexplained shares. And at a price of .008, we're talking $80,000 to $120,000 of potential dilution. Now, if they fail to update the TA on those 100M to be retired as promised in yesterday's PR to get us to under 200M, then I see issues. But as long as they do FINALLY retire that first 100M, then there's no worry.

The Parrot has spoken.