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Re: MightySam post# 1855

Thursday, 03/08/2012 2:17:04 PM

Thursday, March 08, 2012 2:17:04 PM

Post# of 87948
Completely right so it isn't like actual debt owed to a bank and it is only a 1-year bond...the 10% interest per year is almost insignificant. Also, if they reach their goal of $100 million minimum per year, the conversion of bond to common stock will not really be very significant either at this point since it would still equal .20 per share which means we got a long way to go :)