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discreet_suffolk

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discreet_suffolk

Re: None

Sunday, 11/28/2010 12:36:17 AM

Sunday, November 28, 2010 12:36:17 AM

Post# of 202893
Preferred shares = 50,000,000 (10:1 VOTING only, owned by Clint, CEO)

Does anyone know what the conversion rate is for these preferred shares?

If it is 10:1 that will mean 500,000,000 common shares on top of the 800,000,000 A/S if the CEO converts. He probably will not if he believes in ETNL.

Is that correct?
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