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Sunday, January 04, 2009 10:06:11 PM
As per the financing in December 2007 the particulars of that deal would force a raise from 100 mil to 200 mil authorized shares so warrants could be issued for particular milestones. The shareholders now have to approve that same raise to 500 mil AUTHORIZED on 1/15/09.
There is nothing stated in print, nor has the CEO indicated any additional shares of stock are being issued at this time other than they could be IF they make any acquisitions that would require them to do so as part of that particular deal should it come about.
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