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Calfire

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Calfire

Re: tradingfool post# 161986

Thursday, 03/12/2009 6:53:06 PM

Thursday, March 12, 2009 6:53:06 PM

Post# of 202893
I'm pretty sure you are right. The shares are collateral against a default.

The clause for the extra collateral (12.5 million shares) is probably there so the loan shark, I mean lender, can be assured his collateral won't completely disappear with a declining pps.
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