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Paramagnetic Beads and QL Analyser are Proprietary Products

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Message: Still no name change.

Still no name change.

posted on Sep 08, 2009 01:05PM

I don't think they want the full 500 million shares to show on record which should be the case if they change the name and cusip. It looks like they still want to pretend there are only 70 million shares outstanding instead. And keep in mind September 10th is this Thursday. Under the post grandfather exemption rules, tomorrow is the last day of forced buyins of ALL previous fails because it newly came onto the Reg SHO list. It doesn't look like there is any mad dash to cover but as of Thursday, one more myth will be exposed as just that.

All that will remain from Thursday forward will be the name/cusip change and the possible actual sales of real products at a profit (only 30% of which will come back to Cardio after all development, production, and marketing costs are covered). They will need to sell a whole lot of beads to support those 500 million shares of diluted stock!

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