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Re: richrichrich post# 10128

Thursday, 09/01/2011 10:19:45 AM

Thursday, September 01, 2011 10:19:45 AM

Post# of 30974
Also, I went scouring the other night and there is no IFRS stock left on that other stocks balance sheet. The marketable securities listed on that other stocks balance sheet was for when they sold propalms back to the CEO and he rolled it into some other shell. propalms got $1 million dollars worth of that other shells stock. That's the marketable securities you see on propalms balance sheet. So you missed the part where all those pref shares got returned to IFRS and you confused the stock propalms got in that other shell which has nothing to do with IFRS.

So bottom line, based on filings of each company those guys have no IFRS stock to sell.

Just to triple check, then I backed out and matched up the pref shares issued for Aqualiv merger etc and there's nothing left not held by IFRS side of the deal. So as a triple check the pref share totals also show those other guys have no stock to sell.