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barneythewonderdog

01/22/07 6:24 AM

#685 RE: Phoenix-Rising #684

Lisa,

What it will mean is a private placement. We'll have to see the details to determine whether it's a positive devopment or an adverse one.

BTW, Regdex is just an acronym for regulation D exemption.

nbm16yankees

01/22/07 10:03 AM

#687 RE: Phoenix-Rising #684

I guess it means the 45 million officer shares are eligible to be sold