Mesa Home Resources Inc (MHRE)

[kingpindg]

Thanks for the info, JD. I was curious where the October 13 date came from.

Boy, that 0.02799 ratio is a far cry from the 0.153 that was originally promised. Especially crappy since the main reason for the diluted ratio is the fact that Jeff awarded himself 75M HTSC shares. I wonder if there would be any grounds for legal action there.

In this transaction, HTSC will receive 9,054,134 newly issued restricted shares. The shareholders of HTSC will keep their HTSC shares, as well as receive their pro-rata shares as a dividend at a future date once the company announces the date of record for its shareholders. The newly issued restricted shares will be issued to HTSC until the shares become free trading shares and the dividend is announced. For example, if a shareholder holds 1000 shares of HTSC, they will retain their 1000 shares of HTSC plus they will receive 153 shares of BCKE (1000 x .153 = 153). BCKE has filed a “Super” 8K with the Securities and Exchange Commission (“SEC”).

http://www.otcmarkets.com/stock/HTSC/news?id=90911



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