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On June 18th, 2011 some people are going to be really happy, everyone else maybe not so much:
On January 18, 2011 the Company issued convertible debentures to debt
holders to issue shares at $0.0075 per share. A total of some 100,000,000 shares
are issuable at $0.0075 each to repay debt of some $752,572. A total of $623 010
being loans payable at July 18, 2010 was converted and the balance of $129,562
was loans payable to January 18, 2011.
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