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Steveg

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Steveg

Re: Steveg post# 28

Wednesday, 02/07/2007 8:01:52 PM

Wednesday, February 07, 2007 8:01:52 PM

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P.S. The agreement to offer these rights was obtained at the time of the company's restructuring last August, and allows shareholders who wish to participate to negate the effect of the significant shareholder dilution that took place at that time. It also raises a significant amount of funds for the company. The company states that its intended use of the funds is to acquire a revenue generating business and for operational expenses.

Steve


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