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Re: None

Saturday, 04/16/2011 8:16:21 AM

Saturday, April 16, 2011 8:16:21 AM

Post# of 167466
3 billion shares sold in 2010, authorized shares maxxed at 4 billion shares and outstanding shares are 4 billion shares. Company is deeply in debt and has no cash. So either the authorized will be raised to allow billions more shares to be sold, or a reverse split will be needed to start the fund raising again. Am I seeing this correctly? What other alternatives are there for funding the company?