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Post# of 19980
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Zeke3960

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Zeke3960

Re: pitadog post# 19739

Tuesday, 05/01/2012 8:26:43 PM

Tuesday, May 01, 2012 8:26:43 PM

Post# of 19980
The 20,000 preferred are convertible to common shares and could be used for the elimination of debt accrued during the development of the reformer. If the company ever expects to see anything above .0001 again they will need to show a new viable product and positive revenues with a reduction in debt. It is in the interest of the company to get the pps up if they ever want to make money off of new shares. An R/S at this stage would not do any good. But I expect it to happen.
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