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locustsuc

04/27/08 4:00 PM

#62397 RE: xZx #62395

I'm pretty sure that the only preferred shares remaining are 500 Series E owned by Daniel Ritz. So that would be only $500,000. And for all we know the company could have paid him in the first quarter.
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doogdilinger

04/27/08 9:48 PM

#62402 RE: xZx #62395

Very important aspect in attracting the big money into this play over the coming months has been fully taken care of!

Gene Butler knows how to tidy up a balance sheet moving forward!