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Re: hurtszz post# 5566

Friday, 03/04/2011 1:12:42 PM

Friday, March 04, 2011 1:12:42 PM

Post# of 233790
As pertains to common retail shareholders, EYSM will function like a scam. there are mountains of convertible debt to be paid, Gallagher holds the equivalent of 2.7 Billion shares + 1billion more (and can add yet more anytime he wishes) and they are out to raise $750,000.00 - $800,000.00 this year via share sales. Altogether, it could be easily diluted by another 4 BILLION shares this year.

The only "promises" shareholders have is that there will be no more dilution until April 15th (I don't believe even that) and that there will be no Reverse Split THIS YEAR! No mastter how well this new localized directory business goes, it will all be swallowed up in an avalanche of shares and past debts. the only one to benefit here will be Scott.

"Libenter homines id quod volunt credunt"

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