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Re: 032798 post# 1007

Monday, 05/17/2010 1:18:23 AM

Monday, May 17, 2010 1:18:23 AM

Post# of 9786
Looks pretty promising doesn't it?! Read a little closer maybe?

Expecting more to come here with LVCA.


ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES

As of April 12, 2010, we sold 7,823,000 Units and raised $1,594,600. Each Unit consists of one share of common stock and one redeemable warrant. One redeemable warrant and payment of $1.25 entitles the holder to purchase one additional share of common stock. The exercise period of the redeemable warrants is thirty-six months from January 28, 2010. The redeemable warrants are callable by us upon thirty (30) days written notice to the warrant holder. If the redeemable warrants are not exercised within 30 days of being called by us, the same will terminate and may not be exercised thereafter.



http://www.sec.gov/Archives/edgar/data/1402062/000100201410000270/lvmci8k-4132010.htm