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magicatlast

03/30/11 4:06 PM

#30061 RE: Al4343 #30060

Funny you would mention LOGIC, then assert the nefarious uplist goal, when parts of the proxy proposal degrade the company's qualifications for uplisting (governance requirements). Oh yeah, I know your reply, "have faith or sell".

How about applying some real logic to the situation and explain in clear, logical language how this proposal is in the best interest of the current shareholders, beginning with the RS. I could be pursuaded by a really good argument, but I ain't heard it yet and you have offered absolutely nothing.

Magic
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ztect

03/30/11 4:14 PM

#30063 RE: Al4343 #30060

Al4343, this comment you made is a grossly inaccurate comment:

"...Incredible how the new group asserts that audited financials will not occur unless the rs is voted down..."

No, imo it is in the best interest of ALL current and future shareholders that an audit is done first prior to even suggesting a r/s so there is absolutely no ambiguity as to when an audit will occur.

Doing the audit NOW would also bolster the management's position for an r/s later because an audit 1) would be a listing requirement for NASDAQ, and 2). an audit would be required to attract institutional buyers after getting off the OTCPink exchange.
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Pinks

03/31/11 10:37 PM

#30209 RE: Al4343 #30060

Al, you cannot "uplist" with two directors!