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ID Supermoney

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ID Supermoney

Re: Rule_62 post# 24316

Wednesday, 04/02/2014 11:40:14 PM

Wednesday, April 02, 2014 11:40:14 PM

Post# of 30377
No the lenders probably had a clause somewhere that gave them first right to any offering!! They Changed the rule to allow them to MAKE more money!!

Otherwise it would have just been paid out!!

They could not get any funds with out the revision!! And PEIX was handy capped in using their own cash on hand!! or from Warrant conversion!! Another 1 million shares from these and that would have been a non issue!! And NO FURTHER DILUTION!!as these are already counted on in the O/S(diluted)

I wonder WHY only 3 lenders get the chance to buy the shares?? And they were the ones from the original $22 million loan!!

I bet they keep them for awhile before selling since profits and PPS will be going up!!


Lenders always are for themselves first!!


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