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GonzoTrader

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GonzoTrader

Re: zuniger post# 59597

Thursday, 02/06/2014 5:16:20 PM

Thursday, February 06, 2014 5:16:20 PM

Post# of 66390
We don't know yet. If the deal with Ironridge is true than he needed the RS because he didn't have enough shares to cover the conversion.
As far as knowing the RS was coming, Scheer always said they have no plans to exercise that right. It was a last resort measure that would be used to prevent a takeover.
The fact remains that Cerp is not financially healthy and needs revenue to cover costs. If he does not get new contracts (big contracts) he will have to dilute to cover.

I know you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant....

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