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Re: Greenback305 post# 4343

Thursday, 11/06/2008 9:48:57 AM

Thursday, November 06, 2008 9:48:57 AM

Post# of 7503
I believe that to be an incorrect statement. The SPA matures in 2009 but subject to certain restrictions and terms, principal and accrued intrest is convertible at any time after the registration of the underlying shares. The registration occurred in 2006. It is clear from the last financials (2007) that conversion has taken place.

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