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ihubposter

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ihubposter

Re: A deleted message

Wednesday, 06/04/2008 7:32:51 PM

Wednesday, June 04, 2008 7:32:51 PM

Post# of 41740
The problem right now, though, is that there are no authorized shares to give out, when one considers the warrants and current convertible debt. The question, it seems, is whether the stock for the private placement will be PREFERRED shares, which currently are untapped? If so, then, the next question becomes what will the preferred terms be??
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