OracleTrading

[Bull Trader]

RGRP: Those warrants were issued in exchange for the extinguishment of the preferred shares which would have been far more damaging. The fact of the matter is that the people that agreed to accept the warrants in exchange for the preferred shares have been long time supporters of the company and have a vested interest in seeing the stock go higher. Have you researched who they are and their relationship to the company??? I have. You probably have not.

(a) The conversion of all of the Company's outstanding 10 million super-
voting preferred shares into an aggregate of 400,000 common shares, as
well as the extinguishment of all shelf preferred shares, thereby
resulting in the extinguishment of the entire class of preferred
stock;