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Re: questions1 post# 84620

Wednesday, 11/14/2012 5:15:37 PM

Wednesday, November 14, 2012 5:15:37 PM

Post# of 160013
Share where used to purchase Punch TV which increased our assets by 10 times. We used an increase of around 10% to increase assets by 10 times. The other shares went to officers in place of cash compensation. These shares held by insiders both from the Punch acquisition and to officers are restricted by rule 144 and can not be sold for a year after that. When sold only 1% of the outstanding can be sold per quarter.