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jmurfk

06/15/12 1:56 PM

#8948 RE: workofmajik #8931

Hell ya bro make these mms pay



That statement has some irony to it, lol. Many of these MMs are selling toxic shares, issued to them at a fraction of PPS, lol.

When folks slap the ask, to make them pay, their actually giving these MMs 100-150% in some cases, lol.

See what I mean? The ask slappers are paying, while these guys are dragging their money bags in for deposit. On top of these toxic conversions, these guys already received high interest payments for some time. Icing on their cake is being able to dump into support.

From the 10Q;

On May 10, 2012, Asher executed a partial debt to equity conversion of a $78,500 short-term promissory note dated October 24, 2011 in which they converted $13,000 principal. We issued Asher 68,421,053 common shares pursuant to Rule 144 based on an agreed conversion price of $0.00019 per share.

On May 10, 2012, Panache executed a partial debt to equity conversion of a $100,000 short-term promissory note dated August 25, 2011 in which they converted $7,440 principal. We issued Panache 30,000,000 common shares pursuant to Rule 144 based on an agreed conversion price of $0.000248 per share.

On May 14, 2012, JMJ executed a debt to equity conversion of $4,389 in principal of the second tranche of $100,000 which we closed on May 20, 2011. We issued JMJ 19,000,000 common shares pursuant to Rule 144 based on a conversion price of $0.000231 per share.

On May 15, 2012, Panache executed a partial debt to equity conversion of a $100,000 short-term promissory note dated August 25, 2011 in which they converted $9,330 principal. We issued Panache 50,000,000 common shares pursuant to Rule 144 based on an agreed conversion price of $0.0001866 per share.