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Computerbux

10/12/10 4:54 PM

#7201 RE: beachsideeddy2 #7198

This contract is subject to renewal and contains an anti-dilution clause...........

Thanks for sharing!
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STOCKCHARTER

10/12/10 11:49 PM

#7221 RE: beachsideeddy2 #7198

I never received 1 share. They were options only and never achieved my price objectives because of massive dilution! What is your point?
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deafcone

10/13/10 6:17 AM

#7224 RE: beachsideeddy2 #7198

the options are a right to the shares at a specific price and don't convert to shares until the price gets to the target specified in the deal. at .08 and .16 he would get shares and because of the vesting provisions attached as mentioned he could not sell them until he has owned the shares for a specific amount of time. And with the antidilution provision he could sell limited amounts of the shares in incremints once the vesting provision is met.

DC