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Re: PeeCee78 post# 57468

Wednesday, 03/12/2014 9:26:17 PM

Wednesday, March 12, 2014 9:26:17 PM

Post# of 143170
From the October 16th Corporate Update:

Last year the Company began taking steps to enhance shareholder value when it decreased its Authorized shares from 5 Billion to 3.6 Billion, still the number of Authorized shares. The next phase is to finalize a plan to reduce the amount of long term liabilities the company has amassed over the last five years without causing dilution eroding shareholder value. Since the Company is making strides in restructuring its long term liabilities and believes it will complete a deal in the near future, there will be NO Reverse Split on its Common shares.



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