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charhorse

04/29/09 9:11 AM

#570 RE: charhorse #569

Also from the 8k
Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into 100 shares of our common stock. Except as otherwise provided by Delaware law, each share of Series A Preferred Stock shall entitle the holder to the number of votes equal to the aggregate number of shares of our common stock into which such holder's Series A Preferred Stock is convertible, multiplied by 30. Holders of our Series A Preferred Stock will vote together with the holders of our common stock, and any other capital stock of our Company having general voting rights, as a single class on all matter submitted to a vote of our stockholders.


If at any time after the common stock issuable upon conversion of the Series A Preferred Stock is changed into the same or a different number of shares of any class or classes of stock, whether by recapitalization, reclassification, reverse split or otherwise, each holder of Series A Preferred Stock has the right, but not the obligation, thereafter, to convert such stock into the kind and amount of stock and other securities and property receivable under such recapitalization, reclassification, reverse split or other change by holders of the maximum number of shares of common stock into which such shares of Series A Preferred Stock could have been converted prior to such recapitalization, reclassification or change.

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Jmp8

04/29/09 4:00 PM

#571 RE: charhorse #569

No offense, but duh! Of course you can't unlink them. I corrected myself on that. Vital Products, Inc. is the Host company to think of it that way. Your opinion is valued and noted but again it's not enough to convince me on to change my opninion on this company. You have done some research it appears and I guess this is where "perception is everything" comes in.

It is in my professional opinion that this company has massive potential. Look at the market share they are going after... 900 million. I've mentioned that before.

I personally am waiting for the next quarter's financials come out. They only recorded revenue and expenses for the 6 months ended January 31, 2009 of which none of there products and prospective sales would have been completed enough to be considered in this quarters financial statement.

At least agree with me to say that is a good point. If there is money being brought in, it is recorded at time of delivery... I need to at least know you understand my point for me to take you seriously.

I've listend to your point and you make a good attempt but it's coming up short IMHO