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Re: Slojab post# 14

Sunday, 02/04/2007 1:17:20 PM

Sunday, February 04, 2007 1:17:20 PM

Post# of 926
Capital Structure - Again

< The o/s is still 75,000,000 correct? I couldn't find the a/s (only preferreds, which are 5,000,000).
What's the situation with regards to dilution? >

You must have missed post # 7 here, Capital Structure. This was not clear to me either. The response from PLRO Investor Relations was at closing:

A/S = 400 million shares.
O/S = 75 million shares.
Approximate Float = 20 million shares.

In my perusing of various PLRO Documents, I have also seen 5 million preferred, and 2 million warrants mentioned, and a possible Totally diluted 102 million shares. None of this is factual right now. The exact numbers will not be known until the Closing of the merger, and PLRO files the proper SEC Documents.

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