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Re: Beezerr34 post# 64039

Friday, 03/29/2013 5:02:17 PM

Friday, March 29, 2013 5:02:17 PM

Post# of 226110
Thanks beezer. I'm curious though, are you taking into account that the preferred shares have a pps scale that decreases dilution of the preferred b's as the price goes up. From the chart, the dilution would go down to 75-1 as appose to the current ratio of 450-1. Off the top of my head there are 17 million prefferred b's. To my count at that ratio, that converts into another 1.2 billion shares. But 90% of those new shares are held by dustin. And if the pps hit .01 cent, dustin would most likely start a share buy back to help the market value and based on recent history, it is most likely more preferred shares will be doluted between now and then. I respect your opinion beezer and please keep sharing your opinion, but i feel there is ayteast an aparent light at the end of the tunnel. And if andi produces even a 10% retention rate with the income from mbs to cm, things are going to get much better around here. Is a 10% retention rate completely unrealistic? For that matter is a 25% retention rate unrealistic?
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