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iblong2

10/12/10 12:45 PM

#13188 RE: Al28 #13184

I don't believe there is very much dilution here now because they are maxed out or nearly maxed out on the A/S. So w/o shareholder approval, they can't increase the A/S or do a reverse. The down side for the company and eventually for the shareholders, means that the accumulated interest on their massive debt continues.