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Re: Cowboy200009 post# 17251

Wednesday, 02/20/2013 12:03:07 AM

Wednesday, February 20, 2013 12:03:07 AM

Post# of 17527
oops, you forgot three minor things:


1. PELE registration thas been REVOKED by the SEC and doesn't trade.

2. SMDI owns preferred stock in PELE that is convertible into 95% of PELE common stock at any time that they choose to convert.

3. Number 2 above implies that current SMDI stockholders will be diluted 100 to 1.


oops!

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