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Post# of 94785
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GorillaGorilla

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GorillaGorilla

Re: None

Sunday, 10/25/2009 7:13:28 PM

Sunday, October 25, 2009 7:13:28 PM

Post# of 94785
Conversion rights / Cash available after merger

I see these tables for all the reverse mergers...

Take TMI and I'm looking at page 160 and they give cash available if maximum conversion and no conversion.

No Conversion = $106 million
Conversion = $29 million

http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6827330-864-1711543&type=sect&TabIndex=2&companyid=747733&ppu=%252fDefault.aspx%253fticker%253dTMI

Is this essentially the same as saying... if we vote for the merger there is $106 million if we vote aginst the merger there's $20 million?

Or am I lost here? Obviously, the amount of cash the company has of this magnitude affects the pps in a big way...

rich

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