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zenvesting

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zenvesting

Re: Potse post# 2526

Thursday, 04/15/2010 5:05:14 PM

Thursday, April 15, 2010 5:05:14 PM

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Potse, I don't think we have enough details to be sure of this. As I read it, the current OS of 120,000 could only be diluted by 12,000 (10%) by the two note holders.

I guess the missing detail is if the note holders can convert up to 4.99%, turn around and sell the shares, then come back and convert some more.

If that was the case, I would really have a hard time believing that the corporate counsel would accpet 2,000 warrants with a strike of $10 as compensation.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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