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Tuesday, 01/30/2007 12:51:17 PM

Tuesday, January 30, 2007 12:51:17 PM

Post# of 162847
A lot of gobbly-Gook is in the Press Release but I think it tells me one important fact and that is that fccn does not want the price of the stock to stay in pennyland.

If I read this right this is a good deal for all. The stock will be allowed to grow and increase in price without massive dilution. It's a good deal for fccn because for every 10,000 they give GG they get back $90,000. For GG it is a good deal because it's going to be a while before fccn can pay them back and it is likely the stock will be worth well over $1 at that point of time.

Is it possible that fccn wants the share price to run so that they can minimize the amount of the reverse split or avoid it altogether?

This is a quote from the Press Release:

"Management strongly believes that settling the debt to Golden Gate through the escrow, rather than to allow for massive dilution through the issuance of these shares without conversion limitations, is to the benefit of shareholders and will ultimately reduce the number of shares involved in the transaction.
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