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Pitt Bully

08/01/13 2:39 PM

#66599 RE: Calculated18 #66598

$521K loaned after $300K bonus and $400K salary. Net to management is $179K plus 222 Million shares at $0.0022 which after conversion increases managements ownership from 4% to about 25%. Their ownership went up and our ownership as investors went down. That is Dilution.