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Wednesday, October 03, 2007 7:09:27 PM
Taken directly from the SB-2 Filing with the SEC...
THE IMPORTANT PART....IS THE LESSER OF....
"The conversion formula for the convertible debentures is the lesser of (i) $0.20, (ii) eighty two percent of the average of the thee lowest volume weighted average prices during the twenty (20) trading days prior to the conversion or (iii) eighty two percent of the volume weighted average price on the trading day prior to the conversion."
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