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Re: timetomakemoney post# 10792

Tuesday, 09/23/2008 3:42:10 PM

Tuesday, September 23, 2008 3:42:10 PM

Post# of 41474
Did you read the fine print in Pagnano's press release?

"reduce by 95% the public shares". There are very few public shares. Almost all are considered private.....the convertible debentures, the private placement for cash (their most-recent SEC filing), the so-called merger dividend shares to the other company. No wonder they were forced to increase the authorized shares from 10 billion to 15 billion.

I wonder if the SEC is watching him in what appears to be feeding certain people non-public material info in hopes (or even requests) that they post it to message boards. This, to me, is not unlike the fax spamming that got so many co's in trouble, IMO.

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