Wednesday, July 22, 2009 11:07:08 AM
Thats why the CEO says he doesn't plan to raise the AS but he may have to at some point!
What he really is saying is........If we don't make money and repay these guys, I will be FORCED to raise the AS so that they can sell shares into the OS to get their money back!
and they sell as many as it takes. Figure it out. 800 thousand and some dollars to repay.
How many shares at .0005 will that take?
1,600,000,000 thats how many!
Better hope they make some money. The good NEWS is that if they don't make money they will lie about something to push the PPS up so they don't have to sell quite so many shares and this will give you guys a chance to bail out even or with a profit. When they do it, make sure you get out with your cash!
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