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daggfish

02/19/11 2:52 PM

#133226 RE: gump90 #133224

so what say you of the financing from the get...do you think they received $5M for the shares? or 1M? or any? without the full details we can only assume what we choose to believe...I am still of the belief the company received $5M contingent on fulfilling certain milestones which I believe they have fulfilled...which also leads me to believe they still have operating capital... JMO
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Grahamber

02/19/11 3:36 PM

#133234 RE: gump90 #133224

Most would take issue with your highlighted statement below, which was taken from you earlier post. Mainly, because when the financiers came in they paid .10 cents a share when they could have bought them for about two to five cents .... And Yes, they had a 6 month restriction and may have sold for around .16 and below, but it was still a risky endeavor.....

Your Earlier Post:

I said they will be tested now to see if the money keeps coming. I didn't say the money would not. Personally I think any new financing from this point forward will involve giving the financiers very very cheap stock AGAIN !!! So they can retail it out at a handsome mark-up .. AGAIN !!!