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playerguy

09/23/09 10:22 PM

#2690 RE: rocketeer357 #2689

Still, they could have had twice the shares for $.025. If SPHE was dire they would have had no bargaining power and the lender would have gone for as much as they could and pushed it down to $.0001. That didn't happen. The $.05 had some basis that has not been made known to us. That still suggests to me a minimum worth of $.05/share.