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PennyWorld

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PennyWorld

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Tuesday, 08/16/2005 4:34:44 PM

Tuesday, August 16, 2005 4:34:44 PM

Post# of 36795
Just got off the phone with CTKH/FH.

The 5.3B O/S is correct. At first FH thought that there may have been an error, however after following up he realized that the number is correct.

The extra dilution was used to finance IR firm(s) to help introduce CTKH to institutions. Why not use cash to pay them??... because holders of cash have more leverage in business events. This is GOOD news IMO.

When asked if the R/S is still off the table... reply----an R/S will 'never' happen!! This is GREAT news IMO.





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