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Drax Tracks

02/16/10 2:06 AM

#82905 RE: joelotto #82903

I do not know if some are "acting" like they are well connected, or if they actually are connected. I have no idea why some feel obliged to spin everything negative and dwell on one issue either. But I will find out for myelf what is "huge" with my own methods and I will buy, sell, or hold on my verifiable info.
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bigtoe1963

02/16/10 7:21 AM

#82914 RE: joelotto #82903

how can you say the lender is 40 -49% of the os it is not if you do your math 40% of the os would mean that the lender only has 30% of the os after conversion or 33% of os at 49% the lender is getting 40% of the os in preffered so 750 + 300 which is 40% makes 1 bil 50 mil shares meaning the lender has 300 mil out of 1bil 50 mil shares and that ='s about 30% of the stock after conversion......
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samplescave

02/16/10 8:04 AM

#82916 RE: joelotto #82903

joelotto, Outstanding Shares 806,000,476 as of COB Feb 11, 2010

Watch this go up today and/or tomorrow.

REMEMBER!

There is usually a "Submitting Delay" which causes the differential from "Shares to Day" total.

EX: If day before Yesterday's Volume total was 40 million and Yesterday's Volume total was 10 million, and the O/S rises 20 million shares, then the O/S Update was Posted for the Day Before Yesterday's O/S Increase results.

There is a slight delay in the Submitting and Actual POSTING of the O/S Share Increase.

NOTHING is Instantaneous~

Could see an O/S Increase of 20+ million today as it should reflect 02-11-10 day's volume.

NOW...

Since we had a Holiday, they could combine the last two trading days and have somewhere between 30 million and 36 Million share O/S increase.

We'll see~

P.S.

NO MATTER HOW THEY SPIN IT, IT'S STILL DILUTION!!!