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Re: Chili Palmer post# 36669

Thursday, 06/19/2008 2:59:55 PM

Thursday, June 19, 2008 2:59:55 PM

Post# of 49535
Debt financing is done in the form of convertible debentures, convertable into shares, especially with these OTCs. Without that, there is no security for the lenders. People know that, as you can see by the price and volume. I have to give the PR writers credit though, they basically said that the common shareholder interest is going to be diluted to pretty much nothing, but quite a number of people saw it as good news.