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Re: The Cardiac Kid post# 31431

Thursday, 02/07/2013 9:42:10 AM

Thursday, February 07, 2013 9:42:10 AM

Post# of 55621
The debt being converted probably is from months ago. However, look at their latest financials. They continue to add more debt, and you can expect that to hit over the next few months as well. It's a never ending cycle, and that is why a reverse split is unavoidable. They never stop adding to the debt, and therefore they can never stop diluting.

Also, I used to speak with Rainer on a consistent basis back when I thought he had some credibility. He would tell me the same thing he's telling you. That the shares being dumped were from old debt. This vague answer is intended to make you feel like everything is going to be alright. What he forgets to mention is that there is plenty more current debt wating in the wings.