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Re: None

Wednesday, 04/25/2007 2:55:13 PM

Wednesday, April 25, 2007 2:55:13 PM

Post# of 203990
There is a new 25 million Chassman 144 on April 9th (transaction date) which is one day before first 8K released and 5 days after the April 4th agreement signed. How can she sell any new 144 shares based on the lock-up agreement? Only reason I can conclude is the second 8K has an April 18th date, which might be the new agreement date, in any case I am totally confused (nothing new)! Does anyone have the right answer?

Previous post:
http://www.investorshub.com/boards/read_msg.asp?message_id=18979174

"The Chassman “Form of Lock-Up Agreement” stated 180 days or 30 days after the effective date (the registration of shares). In this case, it means Chassman can not sell any shares until after one of these pp lock-up conditions are meet and not until then? Therefore it might be 3-5 months before she will be able to sell any shares. I do not know if this lock-up agreement stops her from selling any unsold 144 shares she might have available within the current 90 day period."

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