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Re: PennyPincher12 post# 2743

Tuesday, 09/20/2011 1:29:07 PM

Tuesday, September 20, 2011 1:29:07 PM

Post# of 38564
I don't think that those shares have to come to market prior. If the note holder was/is converting on the whole @ 4.99%, then there would be roughly 8.1 million shares converted, of which, roughly 7.2(or 7.8) million shares have come into the market. That would leave about 900,000 left in inventory. In a nut shell, I would love to see a block come through today around 900,000. Again, These are my figures only and not written in stone.

But it is nills in my opinion taking about the conversion of such a small amount. I am playing the reverse merger against weakness with regards to retail.
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