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Sunday, May 08, 2011 9:46:57 AM
You really do not expunge business contracts, especially with a SEC reporting company. The SEC requires disclosure and the SEC would NEVER allow you to erase a contract. If we were to believe your use of expunge then itronics would have to go back and amend each and every 10Q and 10K for the past 5 years to make those adjustments.
If the notes were cancelled then NIR would not be able to convert into shares. The court agreement FILED in NY court says that itronics is going to pay NIR in shares.
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