Friday, January 04, 2008 8:34:59 PM
There will be NO DELUTION. I explained how right now he is in incredible position with the way his stock is structured. He agreed and when I told him his stock hit two cents, he was amazed. This may be the biggest thing here, he understands that if his stock is at .20 (twenty) cents he only needs to sell 50,000 shares to tool his upcoming lines instead of 60 million shares.
I cannot tell you how much I stressed this and he really seemed to take that. He sat back, looked up, and really realized how this is working. It was almost as if he was doing the calculations in his head. He assured me there will be NO DILUTION and that he wants and needs the price to go up.
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