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Re: rocketeer357 post# 2689

Wednesday, 09/23/2009 10:22:55 PM

Wednesday, September 23, 2009 10:22:55 PM

Post# of 6308
Still, they could have had twice the shares for $.025. If SPHE was dire they would have had no bargaining power and the lender would have gone for as much as they could and pushed it down to $.0001. That didn't happen. The $.05 had some basis that has not been made known to us. That still suggests to me a minimum worth of $.05/share.