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Re: sanosurfer post# 160

Thursday, 06/24/2010 10:54:59 PM

Thursday, June 24, 2010 10:54:59 PM

Post# of 1440
This part caught my attention!!!!!

"however, in the event of any such exercise, we will receive up to a 50% equity interest in H Pharmaceuticals K/S (formerly Hedrin Pharmaceuticals K/S), a Danish limited partnership, of which we and the selling securityholder are partners, of the 52.38% equity interest which is currently held by the selling securityholder. We also will receive the proceeds of any cash exercise of the warrant."

First off it sounds like a conditional statement. As I said before, warrants are not shares, only possible shares, and it says they get a 50% interest in return if the warrants are exercised.....Sounds to me like like two partners swapping stock for stock. Anyway, I still think the market cap even if it is 200,000,000 shares is way too low now.

I still do not see any sellers. For a penny stock with so many shares issued, why is the daily volume so low, even zero on some days! No one is really selling! Any real buying volume on news is going to send this one up.

I will try and read the actual filing this weekend, if I have the time.

Thanks for the HEADS up, and details, as I missed it!!!! I do have a order in for more shares if it goes any lower. I have bought shares at .02 all the way .09, so if it goes any lower again, I will not miss the opportunity to add!!!!
One last thought, aren't some or all of those shares and warrants being listed for the new stock holders previously restricted shares that were issued for the recent merger, and thus not new shares, but simply existing shares being listed and converted to unrestricted shares?

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