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Re: jzduit post# 9044

Wednesday, 10/03/2012 9:10:27 AM

Wednesday, October 03, 2012 9:10:27 AM

Post# of 20680
He didn't exactly relieve TEVE of debt but rather traded the debt for shares. Then there followed a 1 for 200 stock reverse split.

Today's $10 share price equates to pre-consolidation price of 5 cents.

Mr. L now holds some 90% of the shares.
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