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Message: Sorry, but you all have to get the numbers right!!!!

Sorry, but you all have to get the numbers right!!!!

posted on Feb 14, 2008 12:19PM

I had a long drive back home, so I couldn't write earlier regarding today's filing.

1. Everyone, who is trying to comment the "Swartz topic" should be obliged to read all the filings from the last nine years...;-))) in order NOT to bring wrong numbers to the board.

2. The warrant buyback agreement from July 19, 2007 clearly states, what was the pricing month ("...any “pricing month” defined in the agreement as the calendar month immediately preceding the calendar month in which we deliver the redemption notice to Lincoln Ventures, LLC..." ) and the POS-AM from 12/26/07 showed, that the warrant buyback was over at the SECOND of October:

"On August 1, 2007, we agreed to redeem 2,000,000 warrants for $921,855 and payment for the redemption occurred in August 2007."

"On September 4, 2007, we repurchased 2,000,000 warrants for $799,647 pursuant to the terms of our warrant repurchase agreement with Lincoln Ventures, LLC."

"On October 2, 2007, we repurchased the remaining 3,000,000 warrants for $1,039,398 pursuant to the terms of our warrant repurchase agreement with Lincoln Ventures, LLC."

3.


Feb 14, 2008 12:43PM

Feb 14, 2008 12:45PM

Feb 14, 2008 12:49PM
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Feb 14, 2008 01:13PM
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Feb 14, 2008 03:15PM

Feb 15, 2008 04:56AM
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