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Re: DeltaAir61 post# 19715

Monday, 04/29/2013 2:37:10 PM

Monday, April 29, 2013 2:37:10 PM

Post# of 45799
The minimum investment amount required to allow for the registration and conversion of more than 1 preferred class D share has not been determined at this point. The $10k was just used as an example on ths CC. Before the company can determine this amount they need to know how many preferred class D shares will be out there (which is partially based on how many common share holders actually apply for them.) Once the number has been determined, approximately 20-25% will be allowed for initial conversion. Everyone will be able to convert at least one initially. Based on the remaining number of shares, the determination will be made as to who may register and convert more. This will be a sliding scale based on your investment as of May 13th.

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