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Post# of 596823
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Re: TheBigPicker post# 280643

Thursday, 01/24/2008 10:29:03 AM

Thursday, January 24, 2008 10:29:03 AM

Post# of 596823
"shareholders will receive one share of convertible preferred stock valued at $1.00 for future conversion purposes and a warrant to purchase one share of the Company's common stock with an exercise price of $.05 per share."

I think they are saying that you can also (if you want) Buy common stock that you can Sell at $.05 share, in addition to your preferred shares.

John Good

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