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Wednesday, April 20, 2011 1:49:42 AM
My name is xxxxx. I am an investor with Brazo. I was wondering, according to an E-trade stat, they have you as now being a 54% majority holder in Brazo corp under insider transactions. I wanted to know if you can confirm this is indeed the truth that you are now the majority holder of stock for this pending merger between your company and Brazo? Thank you for your time.
Hello Mr. XXXXX,
Thank you for your correspondence. Yes, the E-trade information is basically correct as a company I control, Renfro Holdings, Inc. owns 54% of the outstanding shares of Brazos.
I hope you continue as a shareholder in Brazos and possible increase your holdings as I have big plans for Brazos once the acquisition is completed and we get additional funding.
Best regards,
Jim Renfro
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