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Valis

08/27/06 4:53 PM

#57341 RE: thehavenots #57337

Great post Have, althought I'm sure you will go off the deepend again sometime in the near future ;).

serfdom

08/27/06 4:56 PM

#57347 RE: thehavenots #57337

"Mr. Harris and friends would have to have a way that they are profiting"

Dilution via a toxic convertible debenture. They sold the debenture to Corey - the Dark Lord of toxic financing. Coery pays them cash upfront in exchange for cheap conversions, which he loads at half-price during the first part of the year.

Then, the pump goes full-blast - all the way up to $1.70. It's sweet pickings for Corey, I assure you.

janniebgood

08/27/06 5:05 PM

#57358 RE: thehavenots #57337

Good point, Have!