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Re: Nikodemos post# 9977

Wednesday, 11/24/2010 10:41:06 AM

Wednesday, November 24, 2010 10:41:06 AM

Post# of 52915
Say what you will but 60 mm shares over 12 yrs with no splits? The majority issued have been restricted and yes they are ramping up to launch the next phase of their business and that costs money. Many of the shares being issued are being held long term by these vendors. In essence the vendors have become investors in the company.

When financing comes will you feel better? Mark has had a multitude of opportunity to take cheap money but wouldn't because he thought the company to valuable. As the share price has held a new levels I believe he will be able to achieve fair value for the financing he is looking for. I believe we see something about financing in the near future.
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