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wEaReLeGiOn

05/13/09 8:27 PM

#136331 RE: AceSpades #136325

Have you ever heard of this happening


before, with any other company? I certainly have not. Sounds like a contrivance to me.

I don't think pink sheet stock can be put in escrow. They are deemed to be worthless by most institutions.


They were not specificially "restricted" but placed in an escrow type account as to no be available to EESO for release.
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drifterfcrc

05/13/09 8:28 PM

#136333 RE: AceSpades #136325

Not exactly true. One percent of the buyout offer was placed into ESCROW and 300 mil shares were issued on a restricted basis. No such thing as ESCROW shares. I called the TA that morning and was told the OS count was increased by 300 mil shares.