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Re: Sparks100 post# 3491

Monday, 02/07/2011 12:06:41 AM

Monday, February 07, 2011 12:06:41 AM

Post# of 7197
Come on now Sparky.

NIR could care less about Whalehaven. NIR will look at the terms of the Convertable Notes like always rest their case on those terms. If the CEO put in place by the Systems Evolution Board of Directors signed the notes that's all they'll need. Unless Humphries has some major dirt he wants to deal with. Problem is he'll have spilled it all before the NIR case gets to trial.

Your claim about the HLNT preferred shares not bein tradeable is nonsense. They HLNT preferred shares convert to common at a rate of 1 preferred for 10 c ommon. That happens at the descretion of the holder. You can bet that Whalehave now holds preferred shares.

NIR doesn't care about the whalehaven dumpin of shares. I've already posted here on how the NIR convertable note model works. If the pps drops, NIR just gets more shares. It's HLNT that will be studying the Whalehaven effect not NIR.

You can bet your ass there will be a change in the HLNT share structure. I posted several months ago about a 1 for 30 reverse I expect. You and your buddies went bananas when I posted it. I suspect you all see it through different light now. HLNT is still tryin ta settle with another Hedge Fund right now. Don't bother me with any of your cash payment claims. We both know better. HLNT isn't even gonna be able ta handle attorney fees much less cash settlements. You tell me what you expect Sparky. They have no more common shares ta use. Despite what you'd like readers to believe they also have no chance of walkin away from the NIR debt. They have 3 options I see. Bankruptcy, increase the AS to over 10 billion shares or do a massive reverse.

90 days should be a good test of my theory. Just like 90 days ago when I saw today. Don't bet against me Sparky. I have a way of seein things before they happen. I already know where this is goin.

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