LOOK at the control Laurus has on the stock, look at some of these share prices they have options at, this is SCARY to me, PLUS WEGI is CASH BROKE - ALL These shares here below are SOLD - they need to sell MORE - They have NO CASH they have to SELL more shares to Laurus - over above on top of ALL OF THIS they must sell more soon - Laurus has to DUMP the OLD first! >
As of December 31, 2006, Laurus Master Fund, Ltd. (the "Fund") held (i) an Amended and Restated Secured Convertible Term Note in the aggregate principal amount of $5,942,175, which is convertible into Shares at a conversion rate of $0.09 per Share, subject to certain adjustments (the "Term Note"), (ii) warrants to purchase up to 13,750,000 Shares at an exercise price of $0.10 per Share, subject to certain adjustments (the "Warrant"), (iii) an option to purchase up to 28,895,179 Shares at an exercise price of $0.01 per Share, subject to certain adjustments (the "2005 Option"), (iv) an option to purchase up to 11,145,000 Shares an at exercise price of $0.01 per Share, subject to certain adjustments (the "2006 Option") and (v) 2,611,111 Shares.
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