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Gilda99

08/21/14 1:46 PM

#15329 RE: asdfu099 #15328

Could it be that the $223,315 series B preferred stock "rescission" was simply the reversal of a previous period's entry to create phantom (bogus) equity in an otherwise insolvent company?

I don't see this unusual action as either good or bad as long as it's both transparent and correct. Perhaps Brent could look into this for us and report back...

Gilda

I am not sure. But happy they were retired none the less. Or is this a bad thing in your eyes too?