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Re: Makamai post# 133228

Thursday, 05/27/2010 8:26:03 PM

Thursday, May 27, 2010 8:26:03 PM

Post# of 375420
A couple points that need to be looked at by everyone from this CC. Dean stated 100 mil shares had been given to the lender to secure $10,000,000. That is an average of .10 per share. Dean also stated that the lender has warrants that start North of .20 In phone conversations, Mr Newby said he had warrants at .25 and .50
I never claimed to be the smartest guy but if he is taking shares as collateral at a pps of .10 and has warrants at mugh higher prices, looks to me like he knows where this should be valued at and where it is going. Like boomer said-

It will be interesting to see how many people sell too early and miss out on the big money.