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Re: peewee post# 194630

Tuesday, 07/29/2008 2:08:12 PM

Tuesday, July 29, 2008 2:08:12 PM

Post# of 245854
They are at a fixed dollar amount... Swartz is to receive $5.25 million worth of commons & NO LESS upon conversion. The higher the pps, the less he gets, the lower the more shares he gets...

Does high or low pps hurt him? NO, does it the common shareholder? YES