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diy_investor

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diy_investor

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Re: humblehawk post# 1931

Wednesday, 09/29/2010 9:33:04 AM

Wednesday, September 29, 2010 9:33:04 AM

Post# of 113927
My thoughts are that management entered into this financing, expecting to have cash on hand from sales to pay the debt prior to it becoming a diluting device for existing shareholders. It behooves the CEO and CFO to minimize dilution as they are probably the second and third largest holders of shares behind Tony Frank.
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