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TheOcho

08/26/11 1:57 PM

#29396 RE: DrMG #29382

yes, so over 2 years they diluted by 20%, through a terrible recession. The majority of that was during a period when shares were $.01, so the same capital raise now would have diluted the company by 2%. I should have stated in the 500 million range. I don't see 20% over two years on a development stage company to be much.