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captainsquishytoe

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captainsquishytoe

Re: roger wilco post# 7544

Tuesday, 08/24/2010 10:01:39 PM

Tuesday, August 24, 2010 10:01:39 PM

Post# of 17111
I am moving from 60/40 back to 50/50. I really didn't like Otto getting another 1B shares for half price. If I was an investor, I would rather pay the $50K note than give away 1B shares. And the bad news is that the filing suggests that Otto still has more debt to convert.

Then on a positive note, it does look like they got the other debtors to take the stock which would indicate that they see value coming.
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