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Re: rrm_bcnu post# 26265

Monday, 04/09/2007 5:47:16 AM

Monday, April 09, 2007 5:47:16 AM

Post# of 33332
rrm_bcnu.. Any clarification to your formal request?

Stoked,
We know that the subscription prices are based on fair value accounting. We also know that the prices would not be below the par value because the buyer would assume the liability of the difference between par and a sub-par offer. So lets take worst case. $7.13M dollars worth of shares at .001 (par) That is 7.13B shares MAX. At the new offer price it is $784,300.00 owed to PCI/Lexreal, and a reduction in debt of $6,345,700.00 in the balance sheet! Worst case! That would be 1,960,750,000 shares issued at .0004 to pay the $784,300.00 debt. Not 64.81B shares! There is a formal request for clarification on the way to Plasticon.



Thank you.

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