CFRI:.0017-look what shares were issued for in the past:
That is 1/3 of the Outstanding that was issued at .15-.28
-There are not too many shares avail down here folks. Level 2 is extremely thin.
The Company raised $9.5 million gross proceeds from two private placements. During the third quarter the Company
issued 13,333,334 common shares at $0.15 per share for gross proceeds of $2,000,00. A finder’s fee $120,005 was paid, which
resulted in net proceeds of $1,879,995. During the fourth quarter the company issued 26,785,715 common shares at $0.28 per share
for gross proceeds of $7.5 million. A finder’s fee of $750,000 and legal fees of $5,000 resulted in net proceeds of $6,745,000. In
addition there were 2.678,512 broker warrants issued with an exercise price of $0.28 per share.
