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Re: Tina post# 2154

Thursday, 02/28/2008 7:29:21 PM

Thursday, February 28, 2008 7:29:21 PM

Post# of 6573
Yeah, that is part of the dilution that Titan and I mentioned last week. If you keep reading the fine print it also says that those shares were to be sold immediately. There was a value of about .07 per/shr attached to those shares given for compensation and the current price of the stock was .0010-13 at the time so it meant that way more shares than the amount mentioned were to be sold and that total would have been in the ball park of 500-600 million shares instead of 8.9m shares.

That was, in mine and other's opinion, the last of the dilution that took place, after the shares the company stated were also issued to pay for Financing expenses, etc in the SB-2 Filing thus, also how Titan and I were able to call the bottom at .0013.

All indicators were showing that it was time to load up cause the dilution has slowed to an end.

These were our opinions and they came to fruition. =D


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