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Re: SugarCoat post# 9172

Wednesday, 07/13/2011 5:46:21 PM

Wednesday, July 13, 2011 5:46:21 PM

Post# of 19899
hey guys, combing thru the last filing for the A/S increase (which we have uncovered that is neccesary for the merger)i noticed these comments below. Normally, these types of issues are put to vote and all shareholders are mailed a proxy to vote. None of us received anything to vote on this issue, it states that 57% of the shareholders voted for this to go thru. If we (the common shareholder) did not need to vote because they already had a majority, then that means that this 57% came from tadf execs, tacair execs, cornicopia, insiders, etc, or any combination thereof. If we apply this 57% to the current O/S, that means that a combination of these insiders own 1,728,309,696 shares. This is a pretty significant given the fact that we know that post merger owners of more than 1% are locked out for a year. what do guys think. GLTA

As of June 22, 2011, the majority stockholders who voted for the Corporate Action held an aggregate of shares of the Company’s outstanding stock being equal to 57.65% of the number of then outstanding available votes. As of the Record Date, there were 2,997,935,294 shares of Common Stock issued and outstanding.

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