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MasterBlastr

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Re: Arnold25764 post# 22212

Monday, 06/22/2009 8:42:39 PM

Monday, June 22, 2009 8:42:39 PM

Post# of 67237
If there is equity in the emerging company, old shareholders are given a certain conversion rate old to new, and/or warrants exercisable at some future date and strike price. Then yes, (watch this) the old shares are cancelled. Doncha just love it . . .
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