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mikeyk

08/26/08 4:47 PM

#16139 RE: rheddle #16136

Your missing the point, playing with semantics here, your still missing the important "shares will be required if the Debentures are converted in full". What part of if the Debentures are converted in full is hard to understand? You are making false assumptions. Some of this debt will be paid with CASH from incoming revenues. Also since the shareholder meeting has been postponed, how do you know that Raley does not have some new different financing in the works that does not involve MORE shares? Please stick to the FACTS, not speculation or assumptions.