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MrSparks

08/31/06 8:28 PM

#43397 RE: zenstinkfist #43396

As Dennis Leary says = More meat for the meat eaters....

Or in XKEM's point of view more money on top of the loans coming in.


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smartmoney77

08/31/06 8:29 PM

#43398 RE: zenstinkfist #43396

The only thing I can think of is an insurance policy against a take over. Burg told me that insiders do not own 51% of company. Two years from no a major player makes a move to take over the company dillution could make thr take over more difficult.
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DD-214

08/31/06 8:32 PM

#43401 RE: zenstinkfist #43396

zen not true, they have stated in all the past filings they need a higher A/S to cover the conversion shares through 2008, once the loan approval are PR'd the PPS will fly as I mentioned earlier, it would be deceitful to file for an A/S increase after PR-ing the loans. I can also show you many many companies that have multi BILLION A/S's (with much less potential) as a safety net, and still trade many multiples of XKEM...........