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Dmaze

04/21/12 7:34 PM

#264047 RE: JPetroInc #264045

they should walk Laura out the door on monday and hire a new CEO for less money IMO...

Poptech

04/21/12 7:54 PM

#264050 RE: JPetroInc #264045

JP:

You said, "dilution will not rid the current debt load under the present share structure"

I replied, "There is nothing in the "share structure" which prevents dilution from reducing debt. The share structure is perfect for conversion for debt reduction."

You mysteriously replied, "no one said the share structure would prevent dilution"

So originally you said "dilution will not rid the current debt load," but now you said no one said the "share structure would [not] prevent dilution."

So your statement is that dilution DOES NOT reduces debt? What do you believe dilution does on a convertible note?

Etc, on #2 through #7.