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Re: phillymike post# 9468

Friday, 05/11/2012 12:04:04 PM

Friday, May 11, 2012 12:04:04 PM

Post# of 97053
Other than the authorization for the issuing of the new shares which were described in our previous press releases ... this is a fair assessment on your part. I will also add that the Company is managing those shares at a fair consideration so as to avoid the amount of dilution that you and all of the other shareholders do not want to see. As we also mentioned in the press releases, the Company needs to access funding occasionally simply in order to grow the business and this is a concept that everyone who has ever been in business should be able to comprehend. But in our case, this is more of an exception rather than the norm.