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Re: chilar4567 post# 43668

Thursday, 06/28/2007 9:54:04 AM

Thursday, June 28, 2007 9:54:04 AM

Post# of 79921
chilar

great thought... could be, I was wondering which way they would pay for it though..

1.) selling common into the market

2.) deluting the float, say to the authorized 4 billion they can go to

3.) set up another sweet deal like the preferred 3 deal only for the new pit owners, kind of the guarentee the new sellers a nice golden chute

4.) go to the offshore bank, becaue apparently onshore banks have more transparency and controls that shareholders would have some kind of cover..

5.) I know the old selling on the raising pps of our little gem here... oops, wrong direction

but then again, with the gagging of the t/a I guess we will never really know the deal structures...

and with a drop dead august date for the new listing requirements , could a new dissappointement date hit us...
we sure know the june 15 drop dead date brought us... but then again it sure looked like someone had a nice heads up on that wed before the official announcement.... afterall, someone dropping millions of share 2 days prior to that date at .034 only to see it go through the floor on that date announcement only was happenstance right?

in my opinion

Imirish...


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