Azur Holdings, Inc. (fka AZHI)

[pkripper]

obviously it will also matter the float and outstanding, With the financing I see no need for dilution. last years 10q (11/05) had azri at 70,888,536 shares common stock outstanding. so to hit that $1, you know! Trying to see what projects are in the works. 500% is not impossible to me so far.

so they will increase azhi's float but not azri, and the % owned will go down a bit. I prefer this to diluting to us the average investor, and if the purchaser is truly investing he will sit on his shares and not flip them. time will tell. I have to do more dd'ing before investing though.

from azhi recent 10q
Under the Purchase Agreement, as amended on June 1, 2006, we issued to the Purchaser an aggregate of 2 million shares of our common stock on April 26, 2006 and the Purchaser is obligated to pay the $600,000 purchase price for 1 million of such shares by October 1, 2006 and the purchase price for the additional 1 million of our shares by November 1, 2006. Upon the payment to us of $1,200,000 for the first 2 million shares, we are obligated to issue to the Purchaser an additional 2 million shares of our common stock. The $600,000 purchase price for 1 million of these additional issued shares shall be paid to us by December 1, 2006 and the $600,000 purchase price for the second 1 million of the additional shares shall be paid to us by January1, 2007. After payment to us of the additional $1,200,000 we are then obligated to issue to the Purchaser the final 1 million shares of our common stock covered by the Purchase Agreement and the Purchaser is required to pay to us the $600,000 purchase price for these shares by February 1, 2007.


I.M.O.!!!!