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teamrider

07/31/10 9:13 AM

#96309 RE: dade #96308

I don't know the answer to that, although DF denies that any further dilution will occur or at least says that it is not his 'intent' Right now o/s is 1.1 billion shares and 400 million reserved for employee options, I don't think BEHL has many shares left to sell to open market without registering more.

Fundamentally, I agree that a whole lot is riding on this LOI that DF expects to be a final contractual agreement by some time next week.

Still listening to the recorded interview at this point...