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Colorado1

12/13/11 9:48 AM

#76908 RE: wes1 #76906

2% warrants would have to be purchased.

The CS 1% really doesn't have a significant value in my book until the mill is in production so I threw it in with the shell. I am hoping to see a POR that garners all cash and then have it distributed during BK out to the share holders. There is really no reason for the share holders to have to wait through BK for a pay day.

Even iIf you dial back the numbers by half in my scenario this still amounts to a decent distribution per share at .005 cents.

I am hoping the BOD is leaning towards this scenario. It is the cleanest/cheapest way for the long term share holders to receive what value is left in the company and it is the quickest. I think most SHs would be happy with a 1/2 cent distribution at this point in time.

Why go to the trouble of listing this under a new symbol and paying all kinds of monies out? This only prolongs the BK process. It would be a collosal waste of cash to me and the only people getting richer would be the attorneys plus JB since he still seems to be on the payroll.

Lets not see a POR turn into a PO(o)R for the loyal share holders!