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dndneph

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dndneph

Re: iblong2 post# 13393

Friday, 10/15/2010 1:30:56 AM

Friday, October 15, 2010 1:30:56 AM

Post# of 130743
That is not true! Read all the DD and you will see the CEO has said time and time again, the restructure includes no dilution. Why would CEO dilute his own converted shares? Common sense says he would not and he has said as much.

CEO has every incentive to see share price rise dramatically. If share price is 10x higher at time of conversion, the number of shares he has to give to debt holders is 10x less.

That is a fact. His incentives are aligned with shareholders unlike never before.
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