where do we stand then...., page-78

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the big big problem with that theory is that 75 million shares were issued at 22cents raising 16.5million. that means global owes cvi 16.5 million dollars. according to your theory those shares are sold on market(as they currently are) and the funds used to pay down the 16.5 million debt. by my reckoning global would be averaging 10-15cents at best for the 75million share sale. that means at best global are short 5.2million dollars. your theory sounds good until u do the maths. where does the 5 million plus dollars come from to pay cvi. please answer that one

cheers