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SeanBoy

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SeanBoy

Re: kheb88 post# 17347

Monday, 02/04/2013 2:13:44 PM

Monday, February 04, 2013 2:13:44 PM

Post# of 96906
1) They didn't use money, they used stock and warrants. That's 100% true. The benefit is that they are now free to persue other lines of borrowing. The convertable note agreementment limited them.

2) Most likely it was NOT IWEB. The note holders have many shares to sell. There are others too. IWEB uses stock as curency.
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