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Re: ttmasher post# 53902

Thursday, 03/08/2012 12:32:42 PM

Thursday, March 08, 2012 12:32:42 PM

Post# of 163067
Yes, a lot can change in 7 days. However, it is highly unlikely that dilution would begin the same day a PR is released stating they worked hard to maintain their current share structure. IMO

With 579,887,086 issued and outstanding going into the JV, the Company has reserved shares to cover these potential obligations including the preferred shares held by WSRA and the new investors as well as the warrants issued under the Joint Venture Agreement when eligible for issuance.