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Re: AMA post# 18641

Friday, 06/11/2010 3:25:04 PM

Friday, June 11, 2010 3:25:04 PM

Post# of 61041
Here's the math behind my last post & why this is huge.

35mil x .0011 (closing price on 5/19) = $38,500

$38,500 / 2 = $19,250 (17.5 mil shares) per new Director.

Now if the common stock 40:1 R/S was executed @ .0011, the new price would be .044.
Should that price hold to the convertible date, the $19,250 each director owns in preferred stock would be worth $385K in common stock.

That's an inside 20 bagger they voted no to today.

High Five