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starfire

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starfire

Re: ScovilleUnits post# 764

Tuesday, 08/23/2005 8:41:45 PM

Tuesday, August 23, 2005 8:41:45 PM

Post# of 3715
The 9 investors are bound, at any given time not to own more than 10% of the O/S at that time. So in order to convert their warrants or CDs into shares, they have to sell and then fill the gap with conversions. I hope this helps.
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