Moneyman -- were you aware that there is just under $900K in C/D debt already in default? The most recent filing says so, but it doesn't say when it went into default, or what extra costs go with that default.
$900K (default) divided by $0.0025 = 360M shares.
And $0.0025 doesn't even reflect whatever discount to market comes with those defaulted C/D loans.
You post that the MAX O/S for C/D shares issued in 2004 will be 800M? Just to get out of the defaulted C/D debt will take it well over 900M.
Your theories just don't make any sense.
Recently you were hyping about a merger w/Cedric Kushner Enterprises. Do you perform any DD before you start posting?
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