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ctb

07/18/07 4:02 PM

#29885 RE: KlausVT #29882

OK ... so 33% is now "control." Or its "equivalent."

The process of defining terms continues to evolve.

So if new shares get added to the float, that would be bad - because that's dilution - but it would be good - because then CB's 33% proportionate share gets whittled down.

And we don't want the CEO - Charles Bitters - to have too much say lol! Nooo.

And if dilution doesn't happen, that's good - because our proportionate share size remains intact - but it's bad because then CB and 15 to 20% of other shareholders could get something passed.

Oh - my head spins -