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Re: HOSS post# 3027

Tuesday, 11/16/2010 11:51:31 PM

Tuesday, November 16, 2010 11:51:31 PM

Post# of 3439
i sure hope donenfeld, simeon and whoever donenfeld gave 115 million presplit shares to for working on this deal are willing to sell their shares otherwise barring dilution were gonna have a liquidity issue...29 million divided by 540 = 53,703 tradeable shares without the "big 3"... as far as the private placement goes does anyone recall the amounts sold and to who? donenfeld bought 125,000 and 65,000 warrants? maybe i will go back over the filings but does anyone remember if all the private placements were sold? anyways i hope this thing gets liquid w/ out dilution... i know the chine victory have their shares on 2 yr lock down but they also have a huge amount of authorized in their back pocket... i wrote numerous emails to china and donenfeld pointing out that they sure had no problem reverse splitting the outstanding shares but not reducing the authorized shares... imo they should have dropped the a/s to 75m - 100m...still having close to a billion is just too much... after all it is a confidence game... so i guess well see where they take us

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