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Re: Threeflight post# 74863

Thursday, 06/14/2012 10:05:08 AM

Thursday, June 14, 2012 10:05:08 AM

Post# of 348628
The 687M already includes the preferreds that were just issued on a fully diluted basis (they convert to 68M) from how I read the 8K, so you are double adding those. Also, you are making ASSUMPTIONS on whether there has been additional dilution.

The Series 2 Preferred Shares are convertible into 68,700,000 shares of RTG's common stock, which is ten percent (10%) of the outstanding stock of RTG at the closing date.

You do know what they say about assumptions right?

My post is only my opinion, I recommend you always do your own DD! I am not a licensed broker or a professional by any means, so take what I say as entertainment value at best.