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Re: Teamlasvegas post# 24234

Thursday, 04/14/2005 12:02:15 PM

Thursday, April 14, 2005 12:02:15 PM

Post# of 82595
team............ The K refers to contractual obligations for Dutchess to exercise should their performance falter or exceed positions 4% of total outstanding shares. I'm not sure how the included convertibles and warrants would be factored in that. You'd have to be a Philadelphia lawyer to figure that one out. That would be an excellent question for the cfo.

I was just reading some of that agreement. It's amazing - the depth of stock being shuffled around is truly staggering. Have you read it? Fascinating - hundreds of millions of shares flying everywhere.

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