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mdimport

03/23/12 11:22 AM

#15694 RE: oilin07 #15692

Unless MWWC can retire O/S, stop the issuance of convertible debt, and build a cash reserve so convertible debt isn't required the road back for early investors is going to be tough.

The immediate phase is a downward move and how low MWWC goes before it hits bottom. The signs of retail capitulation aren't present yet and there's the debt yet to be converted to equity.