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Tuesday, October 19, 2010 2:19:56 PM
There's that $700,000 lawsuite now. If they lose, that's
700,000/0.002 or another 350,000,000 shares
If St. Georges calls their $200,000 debt, that's
200,000/0.002 or another 100,000,000 shares
And there's no financing, so they need $250,000 per quarter to carry on, that's
250,000/0.002 or another 125,000,000 shares per Q
Then there's other creditors...
Looks to me they are heading over 1 billon shares as early as year end.
I really think we'll see sub-0.001 by year end.
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