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Saturday, April 21, 2012 1:54:11 PM
1. There is nothing in the "share structure" which prevents dilution from reducing debt. The share structure is perfect for conversion for debt reduction.
2. Laura is not on salary.
3. Laura's check is not signed by YA. They are signed by Colonel Baer, the CFO.
4. Shareholders do not "participate in the IP ownership" in any company.
5. The remaining option in July is that YA extends the maturity date. Most likely after a default.
6. There is nothing Laura can legally do to prevent YA from converting.
7. It is only gambling is you lose money. It is savvy investing if you make a return!
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw
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