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Torvecian

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Alias Born 04/21/2004

Torvecian

Re: Sheriff post# 4054

Tuesday, 11/15/2005 3:29:16 PM

Tuesday, November 15, 2005 3:29:16 PM

Post# of 35337
Sheriff....

I'm in this alone...I schill for me , myself and I.....

CXO has been paid 216,140 freely tradable shares of the company's common stock and 1,080,000 warrants readily convertible into common stock. The company stated that a reasonable estimate of the value of such services based upon average trading prices of the company's common stock over the firm's 17 month engagement exceeds $6,000,000.

Those administrative costs for CXO on the P&L of Torvec, which you own part of, are now gone....that is a good thing..the bad thing is that it represents 4% of the company..


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