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Post# of 129051
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dayadog

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dayadog

Re: GioMustang post# 14619

Tuesday, 12/21/2010 3:00:28 PM

Tuesday, December 21, 2010 3:00:28 PM

Post# of 129051
the 10:1 means for every 10 shares you have now you get 1 of the new class. the new class is $1/share. that gives me the .10 per share price. it is free money up to the current share price of .10. the warrants are exercisable at $1 so they do not add benefit unless the new share price goes higher while the warrant can be exercised.
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