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Re: to_profit post# 1428

Thursday, 11/29/2007 12:07:24 PM

Thursday, November 29, 2007 12:07:24 PM

Post# of 97363
Not correct , They are not insiders they are based on the company calls "friendly debt"

From the last 10 QSB
"During the quarter ended September 30, 2007, a total of $369,850 in debt was extinguished through the issuance of a total of 27,878,569 shares of common stock, of which 17,128,569 shares were restricted"

369.850/27.878.569 = 0,0132


Sequoia converted too some millions cheaper.


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