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Vigo

12/26/10 7:30 AM

#1680 RE: Herb1 #1679

No, man. There is a misunderstanding here:

WLSV shares will not be converted into optimized shares (and it's really better for us). WLSV is the parent company of Optimized and the other subsidiaries (see the stickies), we are an holding company of a great consolidated group.

No conversion of WLSV shares into shares of any subsidiary!

Only Brennan owns preferred shares into Optimized (Class A Convertible Preferred Stock - 10 vote per share) with a date exercisable december 31, 2010: he can convert his Optimized preferred shares into common shares of Optimized:

http://www.sec.gov/Archives/edgar/data/1070799/000107878209000989/xslF345X02/primary_doc.xml

Why it's better for us to not convert WLSV shares into Optimized shares?

WLSV: A/S 200 mln (decreased by the mgm from 250 mln), CEO + COO own 88% O/S, estimated 50 mln of revenues, holding company with more subsidiaries (Optimized + Shomoves + Eastman + Intercon + LDW), no dilution.

OP*Z: this is only a WLSV wholly owned subsidiary, A/S 1 bln, fully diluted because of CDs, pumping in progress through news, radio show, ecc.

To all: read carefully the full DD in the ibox + stickies.

:-)