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Camaro Guy

05/25/13 6:45 PM

#14197 RE: ReLoad25 #14195

Thank you. Maybe I should not have referenced the dilution thought in the same post about the Fromer comments. The dilution idea came from my lack of understanding in other share calculation posts and my lack of understanding on the 1.5 billion shares that my Ameritrade says is outstanding....I am confused.

On the Fromer post, I read two message elements in it. First there were more than ten million share solds, and second there were buyers who purchased 1 millions or more shares. That indicates there are more shares being sold, and from a company that is not a stock promoter...So a PR firm (KCSA) can sell shares. Does that sound right with you? Thanks again for your reply. I do appreciate it.
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stedman

05/25/13 8:29 PM

#14201 RE: ReLoad25 #14195

Absolutely there has been dilution of the shares. NOT by Risinger but by one maybe two of three of the debenture holders. The first debenture holder is the one who is responsible for taking the PPS down to under .01 - he is now gone.
For those that got super cheap share you can thank him.

IMHO opinion it looks like the last two weeks we had another debenture guy converting some shares. How many shares total outstanding? My guess is around 180 million. The 10Q will give us a much more accurate picture. Regardless the PPS has weathered the storm and in the next few months it will still rocket to the $.50- $.70 range.