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discreet_suffolk

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discreet_suffolk

Re: wms75 post# 45107

Thursday, 05/21/2009 2:58:31 PM

Thursday, May 21, 2009 2:58:31 PM

Post# of 103302
wms75: The dilution is used to pay for all the required personnel it takes to get the permit submitted. lawyers, Engineers, survey people, environmental studies . . . etc. LLEG does not have any revenues so it has to come from us at this time. The only time I will worry about dilution is when we get closer to the 3billion mark. Then I will worry about a secondary offer.

I wish we were higher too and it is very frustrating, but try and buy a little here and lower your cost bases

If you are looking at your % of the company you own you should be looking at the full diluted value of 3 billion to get your percentage.

57,225,000 / 3,000,000,000 = 1.90%
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