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Re: LOL post# 5280

Saturday, 10/31/2009 2:55:00 AM

Saturday, October 31, 2009 2:55:00 AM

Post# of 17527
Doesn't mean they have to convert the preferred shares to common stock


Stratus will purchase Series A Preferred Stock of ProElite, convertible into 95% of the outstanding common stock of ProElite.

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