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gophilipgo

01/16/10 11:49 AM

#206668 RE: phoenix69 #206648

If they were to fully dilute IMMEDIATELY after the R/S they'd have 30 million shares. But they won't and can't do that. They'll slowly dilute dragging the PPS down. As the PPS drops, they'll be able to convert more shares. In the end, I don't see the full dilution equaling 5 billion shares, but you're kidding yourself if you don't think the PPS is going to drop with the YA dilution machine in full throttle. The only thing that could potentially stop that is sizeable revenues which will attract new investors. Otherwise, this is a day trader's stock.

Arpvrp

01/16/10 12:05 PM

#206671 RE: phoenix69 #206648

What's $40,000,000 (outstanding debt) divided by .001 ooops that right - Its 40,000,000,000.00 Now what is it divided by .01 hmm 4,000,000,000.00 now what if par value ends up remaining - What is 90% of .01 hmm .009 - So, what is 40,000,000.00 / .009 = 4,444,444,444.44

True all the numbers in some form change upon a reverse split - but, the basis of this math doesn't. As you can see it doesn't matter even if par value was to remain .01 YA Global wins.

So where is the math problem?