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liable

01/15/07 9:15 AM

#13494 RE: binzur #13490

I agree 100% and appreciate the work you are doing for the rest of us. Even me, someone who has had dozens of posts deleted, can see when someone is acting in a fair manner, in the interests of everyone.

We need to hold Ed to a public CC via Paltalk ASAP IMO. Nobody is going to believe another press release with his recent track record. We need to hear his promises coming from his own voice, not under the protection of boiler plates and safe harbor statements.

balamidas

01/15/07 9:37 AM

#13497 RE: binzur #13490

let's do some math&logical together:
so if the Co is diluting as some people are saying on board
what would be the alternative the co will have?
i have 2 billion A/S and i have enough cash on hands
so i dilute my 2 Billions at 0.0015 and that will make me a poor 3 millions dollars while by just selling the restaurants i will cash 5 millions from the table???!!!!!
is that logical for you?>
maybe it is more logical that i come out with substantial news and if i need shares i will sell at higher levels .that is more logical.
one more thing regarding the 2 billion A/S :if the Co raised the A/S that would be for an upcomming aquisition that will be restricted shares filed through SB-2 and i still didn't see any proof of the increase of the A/S to 2 billion as mentionned.
the O/S should be arround 285 or 300 millions here no more
on the other hand a form 504 filed under a previous symbol is no longer valid i have asked my broker about it and i don't see any new 504 form filed so forget about that issue.
and all this volume is a pre-run volume by mm's.