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SweetBlackCrude

08/26/08 10:33 AM

#993 RE: edfei2000 #992

Here is a thought, SW...start paying the CREDITORS from all the cash that is coming in each month instead of diluting the snot out of the shareholders! (ABOUT $50K A MONTH THAT IS BEING USED FOR WHAT???? YOUR SALARY AND EXPENSES?)

When you issued them the 8 mil shares last week, HOW MUCH DID YOU REDUCE THE DEBT???

ACCORDING TO PUBLISHED FORMULAS, THEY GET A 75% DISCOUNT TO THE LOW INTRADAY PRICE (UNBELIEVABLE!!!!) FOR THE LAST 30 DAYS OR SO......

.0004 X 25% = .0001 X 8 MIL SHARES = $800

$800

$800

$800 THIS IS A JOKE!!!!!!! PLEASE TELL ME I AM WRONG HERE!

AND FOR THE LAST 50 MIL SHARES YOU ISSUED TO THEM, (ABOUT 2 MONTHS WORTH) INSTEAD OF PAYING THEM SOME CASH.....

.0004 X 25% = $.0001 X 50 MIL = $5000

$5000 $5000 $5000

SW.....WHY WOULD YOU ISSUE ONE MORE SINGLE SHARE????? PLEASE CORRECT ME IF I AM WRONG HERE......THIS IS UNBELIEVABLE!!!