Cardinal Resources Inc fka CDNL

[The Rainmaker]

The Chinese are getting enough shares to equal 51% of O/S in exchange for $7.6 million dollars. 51% of 518m(minus buybacks-30m shares my guess)=488m
488m = 49% of x
X= 980 million approx.

So after Tranche 2 and the buy backs and the Chinese get 51% control we should be around 980 million shares O/S, debt free and looking good.

Now I can do market cap estimates, 10 cents per share would be $98 million dollar market cap which is doable here.