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Re: Tripiti post# 59057

Wednesday, 07/24/2013 9:25:11 AM

Wednesday, July 24, 2013 9:25:11 AM

Post# of 75926
Depends on the valuation of the ability to sell product overseas. You have x amount of common shares, x amount of perf A shares, and x amount of perf B shares.

A 50 million $ buyout could net 5 cents in just a rough common share calculation. Add in the preferred balance it could be 1-3 cents to the common shares. - assuming a 50 million buyout. This is also before any debt is replayed, outstanding notes not converted to common.

My guess is, with a buyout on the horizon, the debtors will convert some of the notes to common stock - on a bet of the buyout or to play a pop from the CE certification. This is probably why you see the "dilution" monkey all over this board. I fully expect to see all 950 million shares sold to the market before news drops of the CE or buyout.

If there's a buyout or merger, why reverse. It doesn't change the value of your stake in the company. It is only when they raise the a/s after a reverse. I don't see any of this happening until well after August and we then know whether or not the CE mark was attained and/or a buyout/partnership is tangible.