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Re: robg182 post# 798

Friday, 08/06/2010 1:16:19 AM

Friday, August 06, 2010 1:16:19 AM

Post# of 6835
This Baryy has now thirty days to sell his 41,131,212 shares for which he paid + 300.000 dollars. He/she doesn't have to sell these shares, but if he want to, the only restriction is that the avarage share price for 5 consecutive days needs to be above 0.050 dollar/share. In this way the share price won't be negatively affected.

So:
1) The company gets +300.000 dollar extra working capital which is good
2) if Barry decides to hold his shares for the next 30 days we have a big shareholder at our side (like the institutional investor)
3) if he sells, the share price won't be affected because in the period when he is selling the avarage 5-days share price cannot go under 0.05 dollar/share

IMO this is good news!

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