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Re: None

Monday, 08/29/2011 11:20:17 AM

Monday, August 29, 2011 11:20:17 AM

Post# of 72077
Fong has nothing to do with this deal but provide a clean shell to the Surgline guys so they can be publically traded after the restriction on the unregistered shares are lifted by the SEC Act of 1933. This way the Surgeline investors can have an exit mechanism. It is hard to sell shares in a privately held company and IPOs are close to impossible in this environment. The Surgeline guys will have the majority interest and control the company and will probably change the name to something more appropriate to the medical category. The main goal is to get this stock to be worth a few dollars with the new shares (180m) so that the private investors can exit if they choose with a nice profit. It is a good investment; however, those of you who are looking to buy high and sell low, should perhaps look elsewhere. In the meantime, Fong did very little but provide the shell and bang his gong.