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king oil

01/16/09 12:41 PM

#41131 RE: GC-NJ #41130

Unless it's a one-time need for more shares related to closing the Berlin deal I see it as bad news that the authorized will have to be raised very soon and/or RS is on the horizon. Monthly burn was about 30M shares and this was more than double that rate. If RS is accompanied by other good news such as uplisting then it's a positive event.