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Re: jamcneel post# 10438

Thursday, 09/18/2008 10:10:53 AM

Thursday, September 18, 2008 10:10:53 AM

Post# of 41474
Probably a reverse split announcement within weeks

I can hardly believe Pagnano puts out a PR indicating 2 billion shares outstanding! Last update before that was the R/S resulting a total of 25 million WEHI shares.

Then one poster calls the transfer agent and we find out there are over 8.5 billion shares out. Then a poster emails the CEO to ask why they increased the authorized shares by 50% to 15 billion shares and finds out WEHI needed even more dilution.

From 25 million shares in just months to over 8.5 billion is bas enough.

Can you imagine what those people that bought WEHI will think when they find out there are close to 15 billion shares out?

The Pr's seem somewhat misleading at best. I've even seen people posting about shares for cash schemes. I read past posts about those so-called UPWON memberships that were basically shares for cash. They even tried to keep selling memberships 9shares for cash) after they quit holding any events, explaining that none of the mewmbers requested any events to be setup....ROTFL.

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