Barrel Energy Inc (BRLL)

[copytele]

Now i see what happened , sorry. Barrel’s first tranche of Common shares, equal to a 25% interest in the equity of Flote, is based upon a $10,000,000.00 (Ten Million Dollars) valuation; and the second tranche of Common shares of the Company, equal to a further 20% interest, is based upon a $30,000,000.00 (Thirty Million Dollars) valuation for Flote. Barrel has already executed and delivered the first portion of the initial 25% tranche.