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crashman

01/22/09 5:17 PM

#210436 RE: LUCKYTT711 #210435

Nothing here for the preferred shareholders that can't be fixed with a nice fat RS, 1:1000 would be a good number. I think Tom calls it "uplisting" and "catering to institutional investors"
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ezxccsc

01/23/09 8:12 AM

#210449 RE: LUCKYTT711 #210435

Not everyone is stuck TS raped commons when he sold wisebuys to seaway and again when he paid himself 260K. Preferreds he hold are just a bonus if he ever gets to sell them so he his way ahead of the game as are his fellow bedmates at YA.