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JimsZ

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JimsZ

Re: crashman post# 212298

Monday, 04/27/2009 8:28:14 AM

Monday, April 27, 2009 8:28:14 AM

Post# of 245793
Notice the plan was to sell "COMMON SHARES" with no recourse to their "PREFERREDS" as the commons can just be removed/diluted since there is no limit on the amount of reverse splits he can do!

I'm sure TS is under the impression he can just throw out a few new PR's and some suckers will buy more shares, no matter how many reverse splits he has to do!

Once the debt is paid down & he has a final reverse, he will "BUY OUT" shareholders at a much reduced price & have total ownership for pennies on the dollar!
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