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darrengus

12/04/07 6:53 PM

#78463 RE: itlogic #78460

the new co. will own check 21, forex (as peter presland remains an officer of the new co.) and atm. ifgx will become a subprime lender and all other assets will be owned by the efgo shell.
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wildcard1

12/04/07 6:56 PM

#78465 RE: itlogic #78460

So if you have 1,000,000 shares at .0003 and you convert equivilant shares at at .80 then you wind up with 375 shares. 10,000,000 would convert to 3,750 etc ?