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Re: boomer23 post# 6575

Tuesday, 11/13/2012 8:08:51 AM

Tuesday, November 13, 2012 8:08:51 AM

Post# of 7618
boomer, however this gets resolved I would be very surprised if the lender ended up taking common stock, due to the "XBOR Overhang". Exactly a month from today another 2M shares of RDMP stock become free-trading, having been issued to a XBOR shareholder on 6/13 to acquire 1M XBOR shares held by that shareholder. At the time of that transaction XBOR shares changed hands at $1.70/share, so that shareholder would seemingly be thrilled to be able to get anything over $.85/share for his RDMP stock -- if he should be so lucky.