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rrufff

11/16/05 6:11 AM

#153 RE: aquafuture #152

Been looking to get back in - the problem as I see it - is continuing dilution.

Very good Q and in operations, but continued dilution – now almost 105 million shares plus whatever else in options, etc. Probably fully diluted at 125 million.

Unfortunately, I suspect there will be more dilution and then a reverse split as this is a legit company stuck in the world of penny stocks.