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matt51

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matt51

Re: Recognizer post# 4302

Saturday, 03/26/2011 12:27:51 PM

Saturday, March 26, 2011 12:27:51 PM

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Yes, she sold 80,000 shares. Some dilution with 5,000,000 more share for the employees. Looks like the minority members (read Bledsoe) of EES get the cash first from the joint venture. No guidance at this point on the royalty split.
A lot of moving parts to this equation.
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