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Re: TheBunny post# 31967

Wednesday, 05/12/2010 4:20:13 PM

Wednesday, May 12, 2010 4:20:13 PM

Post# of 146240
Bunny et al- Seaside

Keep in mind that Seaside gets a 15% discount as shares trickle out, therefore a locked in profit each time shares come into their hands. Keep in mind they get a 10% stock dividend as well while they sit around.

Really this is a quick way for Dr. Seymour to raise 5 million to meet AMEX requirements. He also gets a salary raise now to 275,000 from 250,000 and to 300,000 once on AMEX.

Im just pointing out the facts. Seaside makes out VERY well in this deal no matter the share price. They should have locked in the share price conversion on issue... by not doing so Seaside has no downside at all.

Understand people?
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