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Tuesday, April 01, 2008 12:57:03 PM
On the 24th of jan TS announced there was less then 100K of the old 001 legacy debt, on that day the TA said the OS was 911,391,917 as of today it is 1,019,710,917 an increase of 108,319,000. I firmly believe that 10,000,000 reflected in todays increase represents the amount paid to CEOCAST leaving the remaining 11,769,000 to be from the oo1 legacy debt which puts the increase since TS's letter for the old 001 legacy debt as being 98,319,000. That being the case TS told the truth in his jan 24th SH letter.
Hopefully now TS will be able to pay off the remaining 150K from the 015 debt with cash leaving just the most recent CD's which have cash pay-offs in their clause.
It seems we longs really need another sincere long\longs to step up and purchase 100m which from what I see would eliminate the flippers float and lock up any shares.
On a side note Soapy "the group" intends on buying more on Thurs when funds are made available for April.
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