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Solantey

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Solantey

Re: faxedreceipts post# 481

Sunday, 12/23/2012 11:55:29 PM

Sunday, December 23, 2012 11:55:29 PM

Post# of 32016
Debt converted to equity. The company didn't have the cash to pay the debt and if the company had to go into the market the shares would have been priced in the $1.50 range which would have created even more dilution and the share price would be at $1.25 now.

The filing announcing the increase in authorized shares to 550,000,000 should be made available to the public on Wednesday or Thursday.
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