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Post# of 203990
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drifterfcrc

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drifterfcrc

Re: eddiebali post# 109513

Tuesday, 04/03/2007 6:03:10 PM

Tuesday, April 03, 2007 6:03:10 PM

Post# of 203990
The New Investor Group will be issued restricted shares with a conversion price. They can NOT convert those shares for 12 months. Also there should be a provision in the terms to limit Chassman to HOW many shares she can dump per month. As for dilution then there will be Warrants involved (would ADD to our O/S)but won't be exercised if the company can pay the group back with proceeds from Nicosan sales.

My posts so my opinion!

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