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Re: StormKing post# 16424

Tuesday, 11/16/2010 11:18:51 PM

Tuesday, November 16, 2010 11:18:51 PM

Post# of 85070
Storm, I too am confused on the September revenue numbers. I hoping for some other discussion from management. I'm also looking at the PHP debt to equity swap. It looks like they swapped 45660393 shares for $130132.00 in debt for a average price of 0.0028/share. Seems like a pretty hefty premium but for some reason I don't see those shares being sold off, or if they are being sold then they are being sold very slowly. I'm completely in the dark as to the relationship with PHP but I'm either assuming that they are resticted in some way or they are holding them. I'm assumining they are restricted since why wouldn't PHP just sell for a 100% profit? Do you or anyone have a way to determine if these are restricted or not?
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