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LOL

07/25/09 6:10 PM

#4251 RE: DDhawk #4249

I'd say worst case is the current share structure 1.1B gets reversed to 40M, about a 1 for 25 reverse, but at that point there will only be $40M O/S on a company with about $40M in sales, which should bring the price to 50c to $1. Based on the 8k in question, the deal is already done, so everything should have occured by now, so maybe they changed their mind about it.IMO
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pwrballl

07/25/09 6:27 PM

#4252 RE: DDhawk #4249

Point-by-Point....

"my 1MM shares would be reduced to 10KK shares"

YES!... @ a 1:100 R/S and I AGREE!.. NOT a "bad" thing IF! it's followed through with pps "appreciation".

"Do the common share investors have 'no say' in this process?"

Us, "retail" holders 99% of the time DON'T! "Voting power" for passing "resolutions" lies MAINLY! in the hands of "insiders/credit holders"

BOTTOMLINE.. the R/S is FACTUAL! defined by the "Merger Agreement" terms based on the "current" share structure.

It's really up to YOU! what action you want to take given the REALITIES! of the situation.

GL!!