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jwez

05/03/12 1:05 PM

#23787 RE: SUB2CENTS #23785

I don't think the company is selling per say, I think it's old conversions that are now due. I just don't know how that relates to the cancelation. I don't want to see this as a lie, but just something that we don't know the answer to.
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rOOph

05/03/12 1:06 PM

#23788 RE: SUB2CENTS #23785

yeah, something definitely doesn't pass the smell test.

if someone's initial impulse is to sell their shares after reading the latest round of news related to MSLP, then they are either privy to non-public info or are from a different plant...
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jwez

05/03/12 1:20 PM

#23790 RE: SUB2CENTS #23785

I guess the issue is how those 55MM shares were issued. If they could be sold immediately, then I will bet money that is what we are seeing. That is the only thing that makes sense. Cancel the debt with some shares that could be sold now, they know that would keep the PPS stagnant for them to start buying back. Use the promo and PRs to help sustain any major fluctuations. Q1 will be nice to see, but the pudding will be Q2.
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euc

05/03/12 1:29 PM

#23793 RE: SUB2CENTS #23785

I am pretty sure that the last bit of convertible notes that were put out could not release until sometime around the end of April 2012.. I'll have to go back and find it, but I am almost positive of this.. and that could be where all of the massive selling is coming from, the last set of convertible notes coming into play..