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Sunday, May 16, 2010 2:56:01 PM
They are converting debt for shares at .0001 per share.
60k debt for 600million shares and 20k debt for 200million shares. Its right on the consolidated statement of changes in shareholders equity.
That conversion rate=.0001 per share. I am not saying the PPS is going to .0001, that wasnt the intent of my post. I am simply pointing out that management needs to stop doing that before this thing can truly run.
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