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RErobot

10/02/14 8:04 PM

#11226 RE: Cheeky Kid #11224

If we don't see potash, in my opinion this is a 0 cent stock, or lower.

So what? Are you anticipating financing is unattainable?

sweetwater

10/02/14 9:10 PM

#11227 RE: Cheeky Kid #11224

If the company isn't financed, it's pretty obvious the value of the stock is probably zero. I think most of the people on the board who own this stock are "betting" it gets financed... eventually. Those that predict 9 cents or 90 cents are just "predicting" based upon no knowledge what so ever, unless they are not telling us something, and I'm betting that ain't the case. So, predict, predict... It means nothing. If it doesn't get financed, it doesn't take a genius to "predict" lower SP. As we continue to "float," once again it doesn't take genius to "predict" this stock going lower and lower. So, let's all stop predicting. Why don't we just find info on this company good or bad, share it and let the chips fall (or rise) as they may.

ertwo

10/06/14 3:27 PM

#11243 RE: Cheeky Kid #11224




Patents by Inventor Farhad Abasov
IN KIND PARTICIPATING PREFERRED SECURITY
Application number: 20110131068
Abstract: The present invention is generally directed to systems and methods for creating a new hybrid financial instrument, which addresses key concerns of investors and meets the financing requirements of investee companies. An embodiment of the present invention describes a new type of security called an “in-kind participating preferred security” (IPPS). The IPPS contract entitles the holder to a contingent in-kind dividend, payable periodically in the commodity produced by the issuer or in cash, which ever is of greater value. At expiration, the IPPS is redeemed by the company at its in-kind par value upon origination or in cash, which ever is greater.
Type: Application
Filed: April 24, 2009
Issued: June 2, 2011
Inventors: William A Lupien, John T. Rickard, Farhad Abasov