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Renee

05/09/11 10:32 PM

#1223 RE: Garyst #1222

La Jolla is keeping The Authorized Shares at 6 billion , and the filings show a phenomenal amount of Preferred Shares that will be converted at 66,000 common for ONE Preferred Share , and other Preferred Shares at 1,000 common for one Preferred Share .

That will be very serious dilution once the ticker returns to LJPC ....in my careful assessment .