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Banks

04/24/06 7:47 PM

#69973 RE: ss9173 #69972

Do you have a guesstimate what this additional dilution, 4,000,000,000 shares (Damn! That's a big number) will do to the PPS? How much to you think it will cause it to drop?
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vines3

04/24/06 8:24 PM

#69982 RE: ss9173 #69972

ss9173: I may be wrong but I think the only reason to call this meeting right now is to get the additional shares on the books to keep from going into default with Corrnell. It is my belief someone slipped up on the total number of shares being used for all these deals and they made a legal contract they cannot honor with the current shares on hand. That IMHO is driving the urgent nature of a early meeting.
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Drmyke3

04/24/06 10:29 PM

#69991 RE: ss9173 #69972

do we need more shares for a major investor?? I wish there was an investor that would pay a decent price and allow us to take out Cornell with that cash infusion, but I don't really understand these things.
Mike