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Re: grapeman post# 16492

Tuesday, 06/22/2010 1:08:44 PM

Tuesday, June 22, 2010 1:08:44 PM

Post# of 23619
doing the math its clear that he had to put in on the order of 3/4 of a million dollars into the company to get an ownership position and wrestle it away from lanze. All for a company that had a market cap of 100,000 dollars

I would not be supprised if there are fewer shares around than we think...


Bottom line, unlike lanza who diluted this stock as a strategy, barnetts dilution, many 10's of thousands of times less than lanzas, was a necessity in order to keep the company alive

Yes the company did owe him mony, we all knew that years ago when we first invested in the company