Replies to post #173 on Actis Global Ventures (fkz AGLV)

[westcoastcash]

Doesn't look like shorting to me. Just debenture holders converting.
SHARES RESERVED FOR ISSUANCE
At June 30, 2006 and December 31, 2005, the Company has reserved shares of common stock for issuance as shown below:
June 30,
2006 December 31,
2005

Shares reserved for retirement of shareholder loans -- 41,478,071
Shares reserved for payment of deferred salaries -- 4,000,000
Shares underlying warrants 53,250,000 53,250,000
Shares underlying convertible debt 380,549,167 797,255,390
Shares underlying stock option plan 7,033,710 7,013,710
Shares reserved as compensation 448,513 448,513
441,281,390 903,445,684


Shares reserved for issuance underlying convertible debt at June 30, 2006, assume conversion of $3,694,470 of principal and $415,461 of accrued interest outstanding at June 30, 2006 at the approximate conversion price as of June 30, 2006 of $0.0108 per share. Shares reserved for issuance underlying the convertible debt at December 31, 2005, assume conversion of $3,694,470 of principal and $225,368 of accrued interest outstanding at December 31, 2005 at the approximate conversion price as of December 31, 2005 of $0.00492 per share.