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Re: JPetroInc post# 143685

Tuesday, 05/27/2008 10:15:24 AM

Tuesday, May 27, 2008 10:15:24 AM

Post# of 326352
But isn't 'was' the operative word here?

Are those provisions which you bring up currently valid provisions which could be 'triggered'? Or not?

As I recall (and I could be wrong) one of the company's 'excuses' for raising the AS from 1 billion shares to 5 billion shares (or maybe it was one of the 'excuses' put forward by a shareholder) was to insure there were a whole lot of 'extra' shares which the company could use in an anti-takeover effort.

There are no 'extra' shares now. They are more than accounted for. Way more.

jonesie


Yorkville / Cornell Tracking Board #board-9964


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