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gryfus

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gryfus

Re: dumber6 post# 3118

Thursday, 10/11/2007 7:03:16 PM

Thursday, October 11, 2007 7:03:16 PM

Post# of 11034
Nope, not an additional 290M, a total of 290M.

They already have low debts compared to most other penny stock, but their convertible debentures were rather short term (just 3 years). As soon as they'll make revenues from LifeStem they'll be debts free in about a year. I think that they thought they could have repayed their convertibles with their revenues but they have been a year late with LifeStem deployment.
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