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Re: Sunnybank post# 13131

Monday, 05/23/2011 8:08:23 AM

Monday, May 23, 2011 8:08:23 AM

Post# of 52845
My honest opinion is that KK is trying to avoid another R/S. What he has to do is keep the Outstanding Shares from increasing to the point that it starts to bump up against the Authorized Shares(20billion).

Most of the dilution (4bil) we saw in the first quarter was non-YA global conversions. So, it seems, YA(our senior creditor) is mostly getting paid in cash now. This is HUGE.

Long winded but, in short, the tone of the quarterly report suggests to me that he is focused on building shareholder value and I think he can avoid the R/S based on the revenues coming in now.