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Post# of 202893
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lawrenzo

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lawrenzo

Re: Superbee383 post# 172422

Wednesday, 08/05/2009 11:32:23 AM

Wednesday, August 05, 2009 11:32:23 AM

Post# of 202893
they could have said the o/s is still at 610mil. they did not. instead they talk about what would have to be reported and what would not have to be reported if the o/s goes up. a few percentage points(3 to 5) means the o/s could increase by 18mil to 30mil and not need to be reported...and your ok with this kind of possibility...

+ We are working on our next 10Q so it will not be delinquent. Some of you have expressed fears that there has been a massive increase in O/S. This is not the case at all. In fact, rest assured that any increase of the O/S that is greater than a few percentage points of the total O/S is considered a "material event" and is therefore bound to be disclosed in a Form 8K
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