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Sunday, 03/02/2014 2:18:09 AM

Sunday, March 02, 2014 2:18:09 AM

Post# of 148342
I think its more just going to be along the line of there is over a million dollars in revenue and I believe we will see a reduction in OS reduced this month. I bet the holders of the 1.9 billion shares unregistered as collateral would take 10 million shares of the preferred instead. guaranteed to be able to claim it if the financing terms were to go sour. The company capitalizing on its stock purchase hopefully now and I remember the letter from the ceo saying a stop order had been placed on 500 something million shares. just getting rid of the 1.9 bill common and the 1.3 billion shares that were being challenged (which we know 600 mill have been retired) frees up the capital for the preferred distribution. If that many shares go back to the treasure no way this thing will be in the trips come redemption time. At a penny they would only have to distribute 400 million shares. And that is if al 20 mill converted which hopefully 10 million wont because PV will keep good on their financing agreements and the shares wont have to be sold