JUNE 22 will tell the story!!!
support @ .119 & .12 looks like mm's playing with stock trying create selling. I think it looks great, the stock now trades and it's consolidating between here and .20.
8K reps and warranties
5.24 The company shall agree to change its name to Celframe ARX Resources Corp as of the Closing date
5.25 The company shall make application to list its shares for trading on the NYSE AMEX American Stock Exchange immediately after completion
5.26 The company shall authorise a private placement of its common stock of 50,000,000 shares at $1.00 per share to be undertaken immediately after completion and the placement proceeds shall be used as provided for herein.
5.27 The company shall authorise Mining Finance Limited to arrange a forward gold sale of $100 million at a discount of 5 % of the 2nd London Gold fixing price on the date of the forward gold sales contract. The forward gold sales contract to be completed within 30 days of the date of this agreement or June 22nd, 2012 and to provide for 25 % of the proceeds of the sale to be used for production costs plant and equipment and 75 % to be used to retire the promissory note due sellers. The forward gold sales contract shall further provide that 50 % of all gold production will be delivered to gold purchaser until the contract is completed