Chuck,<antagonistic words as "dilution" >Additional Funding Required. The Company's business will require
substantial investment on a continuing basis to finance capital expenditures and
related expenses in pursuit of its business plan. Furthermore, there is no
assurance that the Company will be able to generate additional capital on a
timely basis and on satisfactory terms and conditions to meet its future
financing needs or to expand into additional markets. In connection with the
further development of the Company's business, the Company anticipates that it
may need to raise additional funds through subsequent private placements which
will be exempt from registration. Any such additional private placements will
not require prior shareholder approval, and may be equity offerings of Common
Stock or Preferred Stock convertible into Common Stock, or debt offerings of
notes or debentures convertible into Common Stock. Any subsequent private
placement of equity securities (i.e., stock) or debt securities convertible into
Common Stock would have the effect of immediately diluting the interest of the
then existing shareholders of the Company. Furthermore, the Company may also
grant registration rights to investors in subsequent private placements, if any."
............I'm not going to get in a pissing match,the company choose the word dilution in it's filings,after reading the filings,I come away with the "massive" feeling,sorry-later,DD
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