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Re: frankie_fillet post# 1198

Monday, 09/06/2004 2:07:48 PM

Monday, September 06, 2004 2:07:48 PM

Post# of 6124
FF - I just don't see it happening.

$0.05 - $0.20, that is.

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?

You wanna see WNMI merge with this company?

http://www.sec.gov/litigation/litreleases/lr18638.htm

http://www.sec.gov/litigation/complaints/comp18638.htm


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