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Re: BigBucksFl post# 102323

Tuesday, 01/10/2012 3:55:44 PM

Tuesday, January 10, 2012 3:55:44 PM

Post# of 103302
Matt. Just popped in to touch base.

In so far as the increase in Authorized shares being lifted to 9B, if you read the release, this is to accomodate the conversion of all the other classes of stock to common, a fantastic thing to have happen



Good grief. Diluting the float from 2.4B to upwards of 9B is hardly "fantastic" for the common stockholder. Hint: When stocks are diluted, they go down in value, not up.

We know that us little guys now hold 2.5B shares of common



Incorrect. We know Mazula holding 2B. Subtract out the common management holds, and the current liquidity in the 2.4B float is about 400M for the "little guys". That also explains why you didn't see a panic sell of 2.4B post suspension.

So our 2.5B shares equates to just under 28% stake in the company. Not bad for a start up that previously was running on stock deals and partnerships.



Your 400M shares diluted potentially 3X in value in the future is hardly 28% ownership. Also the company still is running on stock deals.

The company now has a vested partner with deep pockets, millions in the bank



Who is this vested partner? Mazula? Do you see any announcement by Bart he has Susanville financing lined up? New Bedford? After all this "vested partner" has been around since 06.

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