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BayouBengals

07/15/12 10:05 PM

#74393 RE: lowman #74378

According to the filings...O/S EOFY 2010 was 175,000,000...

EOFY 2011 was 609,420,100...which is also current O/S...

175,000,000 + 434,420,100 (converted debt shares issued 07/19/11) = 609,420,100

debt shares were not restricted...if others were...they didn't make the filings...???...
but would have to be part of the 434,420,100 for O/S to be accurate...which is current
on OTC Markets.

I'm confused...

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renegade

07/15/12 10:23 PM

#74395 RE: lowman #74378

lowman, generally most restricted occurrences are covered in filings, not to mention the fact the company does not recognize the fact that there are 54 million restricted shares that just so happened to slip there mind...come on 54 MILLION, really???

Why would you come forth with all this new information right before we have some great things coming and try to discredit the ceo and the way the company is conducting it's business. One minute you are pumping out negativeness, the next minute there it's a great company, now right before Q2 coming out with this stuff that has existed for a year according to you. Come on, it's not so much what you are getting at here and I have always respected what you have to say but, its how vague and undefined your information is. Sure, anything could happen on any given day but you state:

1.

Not always spelled out in filings


( could be, maybe not - assumption)

2.

it is safe to assume that after July 19th, the last of the (non-floating) o/s (54M) will be free to trade.

Not sure who the the 54 million went to but is it safe to make assumptions as to dates and such as an assumption right?

3.

I will continue to assume they are not insider owned.



This is the part that really concerns me, I'm trying to understand:

While it would only be expected that another 'end of month' (7/29) revenue update would be forthcoming, JR (for some odd reason), has elected to say it'll be out this coming week, a week+ earlier than would be expected, and coincidentally, just in time to 'offset' the 54M restricted that looms on/after the 19th.

Experience has taught me that my 'best case scenario' is often wrong (Murphy's Law, or whatever). The 54M restricted have likely yet to hit the market in any way, shape, or (shorted) form, as my best case scenario suggested.

Hence, the need to announce June/July revs a week+ earlier than would sensibly be expected.



This appears pretty sure and not assumable.

Trying to understand why all the flip flopping back and forth

renegade~