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phoenix69

01/26/10 1:46 AM

#207625 RE: Arpvrp #207623

Gee, guess what happens to YA shares if the pps goes UP 1000%.
Oh. they would make 10 times their money, but no, they wouldn't want to go that way.
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fracatowa

01/26/10 8:44 AM

#207634 RE: Arpvrp #207623

AGAIN POSTERS WRONGLY CLAIMING the authorized shares is to stay at 5 billion. Read Section 10.5 of the Investment Agreement. Authorized Shares are to be INCREASED. Click link then go down to exhibit 10.1.

http://sec.gov/Archives/edgar/data/1022701/000114420410001444/0001144204-10-001444-index.htm
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jeffz2

01/26/10 8:46 AM

#207635 RE: Arpvrp #207623

Excellent post Arp, You forgot the addtional 225 mil warrants on top of everything else. One error though, 1.4 bil warrants reversed by 100 = 14 million (not 140 million)

BUT there could be addtional financing to get through this year waiting for revenues to ramp up. Yes we could see a series E, maybe even series F before the year is out. Which off course will only enhance the YA numbers in Arp's summary

Question for the board.

Knowing YA as we do, why would anyone think that YA would NOT fully exercise their options to rape every last penny out of this endeavour.?

NOTE: This is not about if this company will succeed, or about the MBM space taking off. I think all can agree that is happening.

Before the 8k, YA had limits of how far they could push this, and shareholders still had a relative piece of the pie.

The 8k just eliminated those limitations on YA and opened the door for a complete fleecing - regardless how successful this company could be by 2011.


A positive r/s would be surrounded by positive news. Why not do it when it is transparently obvious that it is for the betterment of all. Instead, they do it when it has become apparent there is no revenue, no licencing happening, no whales knocking at the door at this time,

I am optimistic for this company, the patents, this space, but I have lost my optimism that the common shareholder will receive their just reward for the risk taken here.

Jeff

FRAC, last sentence in your last post. How do figure YA will still have a billion shares. (warrants would be reversed also, where do you come up with a billion?)
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neomfriend

01/26/10 9:34 AM

#207637 RE: Arpvrp #207623

ARP, Thanks for taking the time and breaking it down.
That's the best breakdown that's been presented.

Thanks again, especially since you've already sold...
and are spending your time for other people's sake.



The longer we go, the lowest closing price continuously goes up.

Where will it sit when it splits?

Also, hopefully in the long range future, a sale price of the company is in the billions.

Also, the revenue is LARGE and the pps graudually creeps up to big numbers.

Those are big hopes.
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krays

01/26/10 11:05 AM

#207647 RE: Arpvrp #207623

What your really saying here is that if common shareholders panic sell into these circumstances, and establish a lower look back conversion price they play right into YA's hands, meanwhile, they slit their own throats!
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krays

01/26/10 12:26 PM

#207665 RE: Arpvrp #207623

Arpvrp, what do your numbers look like if you use the actual current lookback of $.0058, (125 days not in effect yet and sept low close of .004 should be outdated by the time of the shm) the actual weighted average conversion factor of 93% and a sale price of $400mil?