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Re: SonarX2 post# 17383

Wednesday, 12/05/2012 9:23:24 PM

Wednesday, December 05, 2012 9:23:24 PM

Post# of 130508
Actually I called and spoke with Remy and asked if the company had to do an S-1 filing for the shares issued to the noteholders that were converted to debt at a 50% discount to the market. He said that an S-1 filing was not required for those shares.

I'm calling the company tomorrow and will ask if there were any financial transaction in the seven week period from October 1 to November 18 that could be dilutive.

I suggest others call so that we can compare responses.