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rocketeer357

09/14/10 11:54 PM

#34161 RE: gamood #34157

Absolutely not. And any one who claims to be able to do so is straight-up dissembling.

Read back through the posts since the last company PR and you'll see a pattern: it all begins with words to the effect of "let's say..." and within a few posts a fantasy/premise transforms into something trying to authoritative and truthful.

We know very little here. That might be because the company itself knows very little as well.

sojourner

09/15/10 2:39 AM

#34162 RE: gamood #34157

gamood: Here's a scenario based on available puzzle pieces.

Purely for sake of argument, let's assume CSMG curently has 80 Mil O/S, 50% stake in subsidiary LTC, and 100% stake in subsidiary CCTI.

Let's say LTC has O/S of 10 Mil shares and A/S 50 Mil shares. CSMG holds 5 Mil shares LTC.

CSMG institutes 10:1 reverse split. CSMG O/S now 8 mil shares.

LTC "acquires all assets-shares" of shell CSMG and renames itself Scarless Surgery Inc., ticker LTCI. This acquisition includes 8 Mil CTGI, 5 Mil shares LTC, and 100% of CCTI which latter is spun off as dividend to CSMG shareholders of record.

LTCI seeks $20 MM. It floats a secondary offering of 10 Mil shares @ $2 per share.

Now, LTC O/S is 20 Mil shares (10 + 10); old CSMG stake in LTC reduced to 25% (5/20 = 25%)

The new entity trades as LTCI.



lowman

09/15/10 4:55 AM

#34166 RE: gamood #34157

The problem is gamood, nothing is written in stone yet so that's why a clear/concise understanding is so difficult to present. Outlined so far is the clearest idea yet, and a map of the general/hopeful direction CTGI/LTC/CCTI plans to take.