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marich

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marich

Re: Potse post# 2526

Thursday, 04/15/2010 2:55:56 PM

Thursday, April 15, 2010 2:55:56 PM

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Thanks Potse. Frank Jacobson agreed to have his shares locked up and I presume that they were reversed. If there is significant dilution due to conversion of this note, wouldn't that disadvantage his position (as well as ours) dramatically. If so, why would he have agreed to terms which allow it to happen?

What's your take on relevance of the strike price of the warrants stipulated as compensation for the attorney. A $10.00 strike price would seem to indicate an expectation that the pps would be at that level at some point. Guess I'm looking for some encouraging news here.
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