Bingo Nation Inc. (fka BLTO)

[baomike]

How might they do this?

In order to facilitate the demand for growing space, the Company plans to immediately raise $2 million in a private placement so it can begin construction as quickly as possible for those who have already stated their intent to lease land and buildings from River Ridge Sunshine Farms.

This will be interesting to watch.
$2,000,000 at their usual issue price of $.001 will require them to issue
2 Bil shares, well in excess of their authorized shares of 400,000,000.

$2,000,000 at the current price of $0.45 will require them to issue 4,444,444
shares which is well within the authorized share limit.
Problem with this is , I don't think anyone is going to buy that.

The answer may lie somewhere in between, but my guess is, "It ain't gonna happen".

This is begining to sound like the press releases that were issued after the
Discovery Day mine deal was obviously not going to happen.