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kayakzz

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kayakzz

Re: dhjr123 post# 12294

Tuesday, 09/27/2011 8:18:12 PM

Tuesday, September 27, 2011 8:18:12 PM

Post# of 74539
They are issuing new shares, read the opinion of the attorney, Norman T. Reynolds, http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8160425-50080-53214&type=sect&TabIndex=2&companyid=78459&ppu=%252fdefault.aspx%253fsym%253dGLER .

He says, "issuance and sale...", not "release and sale." Sydney was very clever to disguise the dilution but it is obvious if you read closely.

There is an upside, Sydney can't BK the company for a while!!!!
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