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neophyte184

02/01/11 7:27 AM

#4501 RE: Leirum #4499

This is very true, though the final piece to the puzzle at this juncture is clearly the share structure. I thought they might be in the process of buying back some shares at .0001 on the DL, but with this news, it appears Meller is not concerned about the pps moving from .0001 to .0002, which I think is a solid possibility given these developments.

Hopefully he has another plan in place to address the massive float that does not include a R/S, which as I've said previously, doesn't fit in the overall picture. Perhaps that was part of what the reference to meeting with investment bankers was all about....they clearly don't have the funding at this juncture to do a buy back if Meller had to use his own money to infuse the payout to YAG (unless he does it again to buy back shares-does anyone know how wealthy this guy is??).

So maybe he is seeking some of those funds to take back a substantial portion of the O/S...the news of which would easily take us to doube zero territory IMO.

Time will tell. GLTA,

Neo