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shinebox

09/27/07 12:23 PM

#29985 RE: skunksyard #29983

the 120 million shares make up a significant portion of 141 Capital, which may be above 40%.

the %7 you are referring to is the portion of the profits 141 Capital will generate and is given to Spooz in addition to the 120 million shares.


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ThSeeker

09/27/07 12:24 PM

#29987 RE: skunksyard #29983

skunksyard the 7% does not relate to the stock in any way.
We get 7% of the net profit that 141 achieves trading with SWARM - SWEET
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keegers

09/27/07 12:27 PM

#29990 RE: skunksyard #29983

No. The 7% of profits is seperate from the 120 million. Again, we get 120 million in conisderations for sponsoring 141. We get 1.5 million ( 500,000 per quarter ) and 7% of profits from trading. We have not been officially given the total share count for 141 capital, but my guess would be 300 million (40%stake) to 400 million (30% stake) shares. What are others' take on my guess for the share count?
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jcrom56

09/27/07 12:31 PM

#29993 RE: skunksyard #29983

Skunk ,the 120 million shares and the 7% of net profits from trading are two entirely separate things. We do not now know how many total shares of 141 there are/ will be. So we have no current way of knowing what percentage of 141 ownership 120 million shares is. We DO know that in addition to 120 million shares of 141, we also will receive $1,500,000.00 cash AND 7% of net profits generated by all trading done by 141 using SWARM technology AND any other trading systems developed in the future using SWARM technology. This is a gift, and a very generous one at that.
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Gmenfan

09/27/07 12:56 PM

#30012 RE: skunksyard #29983

skunksyard .... 141 hasn't had it's IPO yet. How can ya tell what the share structure will look like so early?