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Pastor Phil

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Pastor Phil

Re: foremostny post# 50228

Thursday, 01/17/2008 1:10:39 AM

Thursday, January 17, 2008 1:10:39 AM

Post# of 76909
Posted by: The Rainmaker
In reply to: neilj2005 who wrote msg# 38063 Date:11/17/2007 10:26:03 AM
Post #of 50228

Dez told everyone in the CC that 200 million shares were returned to the treasury. He said they planned to sell those shares to raise funds for ECFL.

A REGDEX is the filing for a private placement. ECFL filed this so they could sell the 200 million shares via a private placement. Based on current share price they could raise $400,000 less commisions for ECFL.

Where did everyone think the money to open more stores would come from? Jason said he and his brother spent $600,000 of their own money opening the first store and doing market research.

Don't take my advice, I'm just a poor Pastor with a Zecco account

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