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Saturday, August 18, 2012 8:30:25 PM
Helpful had no choice but take restricted shares. No one was ever going to give them cash for their software program. If they felt that their software program was going to generate the profits they forecast, why sell it for shares that are restricted for a year, especially shares from a shell company with no business and no revenue? Why not take the revenue generated from this great new software they own (and forecast to generate millions) and do a RTO and own the majority of the company as opposed to only getting less than 25% of Avix? If they really had that strong confidence in their business plan they wouldn't have sold it for a mere 100 million shares in a shell company that has a history of going nowhere.
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