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Re: EarnestDD post# 30411

Wednesday, 10/20/2010 10:42:17 PM

Wednesday, October 20, 2010 10:42:17 PM

Post# of 97362
Of course there is significant dilution...they lose 10k+ on each event they hold...AND...on top of that...a $12,500 vig is paid to those that fronted the company a few bucks after each event...this is converted into shares since the events do not generate any profit .....at this rate....we are roughly 2 events from making the proposed 3-1 forward split an impossibility without an increase in the A/S.....OUCH