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53chevy

01/29/08 1:56 PM

#384 RE: sons #383

I understand, but check ALL the filings.

The last financial was filed January 2007 (for Q4CY05) and showed an OS of only 19.8M out of a 25M AS.

So how does Barron's report on their form 4 in November 2007 that they own 98M shares of common stock by warrant? They took a warrant (expiration 2016) in lieu of their debt. Of the 8.7M shares of commons they actually possessed, Max Communications bought 5.7M of that. Looks to me like Barron's is trying to exit the play and recoup whatever they can. Why else would the sell shares for $0.000035?

I wish you the best of luck with the play, I'm just advising you to be careful.