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otterman

06/09/06 6:53 PM

#13607 RE: klh19 #13606

So the OS is now 314MM+. I guess we have the answer to our dilution question.

A 1 for 20 RS, pushing the share price to 1.80 really doesnt do us much good. Plus with the RS exemptions for the 173MM shares it would really in effect be a 1 for 7, resulting in a share price of .63, and over 180MM OS remaining anyway, no help at all.
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Smallville

06/09/06 7:53 PM

#13608 RE: klh19 #13606

I've been beating the drum on that one for the past year, klh. Too much overhang. Good news comes out and all of a sudden the dams break and here comes a flood of 10 million shares. It never seems to end.



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mvnalmn2

06/09/06 9:12 PM

#13610 RE: klh19 #13606

Standard disclaimers. REgistration is potential only. eom