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achybreaky999

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achybreaky999

Re: mo 1 post# 2106

Wednesday, 03/23/2011 1:13:31 PM

Wednesday, March 23, 2011 1:13:31 PM

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I respectfully and very strongly disagree. This is the juice that will allow the company to mine its fields. The company will have a "drawdown" allowance.Simply put-they will issue stock to fund what they need now. They will not automatically draw down on the 10 million line. So the dilution will be minimal. This is a standard that all start up companies use to get funding for their operations.
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