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GeorgeTheStub

01/21/09 7:51 PM

#5745 RE: goldforbrains #5743

I am also confused after reading the evening's posts. I have never operated under any other assumption that when the conversion is complete, regardless of the number of VRGD shares it takes to convert to one MMU share, the monetary value of my shares would be the same both before and after the conversion. It would be up to the potential pps increases in MMU to provide gains. If any of you ladies or gentlemen can provide dd to me and this board why you believe that we will gain position merely from the conversion I will be deeply in your debt. Other than experience, the only other tangible evidence I can offer to you tonight for my belief is our current share value...

Renee

01/21/09 8:02 PM

#5746 RE: goldforbrains #5743

GoldforBrains : I used the correlation of VRGD float being converted to MMU's 2 million float because it makes the most sense to me .

The restricted Outstanding Shares of VeriDigm belong to a host of vested persons , some of whom are likely MMU management . Those O/S of VRDM are fully accounted and will be converted into MMU Outstanding Shares at a ratio yet unknown .

Whereas the FLOAT number of VRGD is " unexplained " , meaning the official float of ~ 133 million is markedly different from the amount of FLOAT shares held by public shareholders in their Brokerage Accounts , as discovered by MMU's NOBO and OBO demands to the Brokerages .

Essentially MMU is strongly suggesting that the Brokerages hold naked short / Fail To Deliver shares in their clients' accounts , and MMU also implied that they MAY NOT be able to ever get an accurate FLOAT for VRGD .

So , MMU's easy solution is to make MMU's float at 2 million shares , and VRGD shareholders will get a converted value of MMU shares based on how many float shares exist , whether the float shares are real ( located ) or counterfeit NSS ( Fail To Deliver ) .

Let me use an EXAMPLE :

On the official VRGD float of ~ 133 million VRGD shareholders would convert 66.5 VRGD shares for one MMU share . If MMU shares are to be worth an EXAMPLED $1.00 per share then the VRGD shares would be worth .015 cents , regardless to the volatile PPS up to the date of conversion .

If there is an EXAMPLED 500 million VRGD float shares , comprising official float and NSS , then VRGD shareholders would convert 250 VRGD shares for one MMU share , consequently diluting VRGD shareholders MMU holdings . Using the same EXAMPLE of one MMU share being worth $1.00 the VRGD shares at 250 for one MMU share would be .004 cents , again , regardless to the volatile PPS prior to conversion .

That is what MMU is trying to tell VRGD shareholders , in my opinion .

Look , the market is corrupted beyond comprehension , and in my conspiracist beliefs the Market Makers and Brokerages are gods who can do whatever they want on the OTCBB and OTC Systems , with impunity . The SEC has done NOTHING to remedy the pandemic . MMU seems to recognize the magnitude of the problem and THAT is why I assess that VRGD float shares ( whatever the amount ) will be the only shares converted into the MMU CONTROLLED FLOAT of 2 million , to commensurately CONTROL the volatile manipulation of the new float .

Complicated subject . I hope I addressed it adequately .

R.