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Re: Sam Smith post# 31043

Thursday, 08/26/2010 2:08:57 PM

Thursday, August 26, 2010 2:08:57 PM

Post# of 42706
Yes there has been dilution. A/S is approximately 4bil, O/S is nearly maxxed (based on estimates), was 2.7bil earlier this year. The dilution resulted from converting notes issued to cover toxic financing 3-8 years ago, which matured this year.

The transfer agent is: Continental Stock Transfer & Trust Company
17 Battery Place , 8th Floor, New York , NY , 10004
Phone (212) 509-4000

I would definetly recommend reading back through the ibox and this forum, especially posts made by Me2 and seeclear... those will point you in the right direction towards doing your own DD. Also, as has been noted, we are expecting communication from the company leading up to, and after the end of the FY (Sept 30), which will have a significant and positive effect on the pps.

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