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EarnestDD

01/27/07 12:37 PM

#30368 RE: Realtor #30366

You see ... this is my problem with this deal. So many salient facts have not been released or are confusing at best.

I thought:
$220,000 loan was settled for 63 million shares.
220,000/60,000,000=$0.0036
That would make sense to me.

And the 1.5million dollar loan was for the 780 million shares.
1.5m/780m = $0.019
Which also makes sense as the stock was about that price when the deal was signed.