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lucky, mydog

04/18/13 8:44 PM

#15014 RE: TrueStory #15013

Cynthia has asked for the maximum of 1B to be raised but, for this, she needs the approval of the majority of the shareholders.

no she doesn't. all she has to do is notify the state of Nevada that she is raising the a/s. this requires no shareholder vote.

Bepractical

04/18/13 8:49 PM

#15015 RE: TrueStory #15013

Thank you for the comprehensive post.

The one thing that gets me with the financials that you've said repeatedly is that they don't have the money to get them done, and that may be entirely true, but if I were the majority shareholders, who have invested considerable equity already into this venture, what is another 200k to get the financials current? I totally understand the apprehension towards throwing money after money but it seems that the financials represent a temporary hurdle that right now are holding the company back more than the risk of another 200k.

Thank again for your post, hopefully we will hear from Claude on the other popular topic much debated as of late.