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Long2Retire

02/18/12 4:34 PM

#106640 RE: janice shell #106639

Hmmm...do I get 50 cents, or $5. :-)

loanranger

02/18/12 5:16 PM

#106647 RE: janice shell #106639

A "clarification":

Currently I am offering

1. cash plus 75% of any cash benefit that may be due to you if there is a short cover

2. cash only .

Thus to answer your question. I will pay cash at 0.0001 per share plus secure 75% if there is a cover of the short position as well or I can offer 0.001 per share in cash only and the cash benefit if there is a cover stays with the Company but you will need to provide the stock in certificate form as this is a private transaction and it is now impossible to transfer electronically other than through the shareholder offering for which all terms have to be the same (option 1).

Also please note, that it is now, due to the short position, very difficult to transfer shares so the only routes are to agree a cash plus 75% route, which I believe satisfies you or providing the certificate to send to an escrow agent. Please advise as to which you wish to undertake.
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