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Re: damondon post# 12066

Tuesday, 12/27/2011 1:28:22 PM

Tuesday, December 27, 2011 1:28:22 PM

Post# of 80868
The reason the Authorized Shares have been raised concerns the agreement with Inter-Mountain. MSLP is required to keep in reserve 1.5 times the shares required to settle 100% of the debt due. The PPS drop from .012 to .006 meant MSLP needed to double that reserve.