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brokedaddy

06/04/10 12:44 AM

#34177 RE: balamidas #34174

maybe I am reading that part wrong but it states

a guarantee of buy-back or exchange of common stock for preferred stock (not to exceed U.S. $2,300,000) currently held my the Company's officers or investors

"buy back or exchange currently held by the Company's officers or investors" It doesn't make sense to me that they could move anything through dilution if they plan to proceed.

IDK maybe I'm just silly