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Re: randomuser post# 8824

Sunday, 01/06/2008 11:31:33 PM

Sunday, January 06, 2008 11:31:33 PM

Post# of 28519
Yes I agree that documentation on "classified information" might be pretty hard to acquire. So when you indicated that "A RS was supposed to be performed a few months back" how exactly did you come by this classified information, and can you confirm it?

How do you know his main investment market is people willing to buy preferred series C stock? Exactly how much capital has been raised by the share of preferred series C vs. common stock? Can you provide some numbers to back up your assertions?

Also, if an RS took place along the lines of 7000/1, it would scare away many penny investors, and a 70-cent pps is still not what I would characterize as a "regular stock"...It is still cheap, and I think fear would still remain that more dilution would simply bring the pps down again as evidenced by the RS this past summer.