ZNext Mining Corporation, Inc (ZNXT)

[wise_investor]

me how - you have to apply the split to PGMC shares also,

2,500,000 will become 250,000,000 which is (2.5 mil x 100)
this needs to happen so that PGMC has enough shares to give out to PAIM shareholders. (increasing shares will lower price)

The .43 price will become .0043 which is(.43/100)

In your case you would have $430 if they didn't increase the O/S count unfortunately for you or us shareholders that is not the case.

look at the PR

"In addition, PGMC is doing a forward split of its Common Shares on a 100 to 1 basis, with record date set for February 18, 2007. The exchange date is February 23, 2007, and upon surrender of the old certificates, the company will mail directly the new stock certificates bearing the new post-split number of shares, name change, new symbol and CUSIP number, to all the existing shareholders on record. The current pre-split issued and outstanding common shares totaling 2,500,000 will bear the new post forward split of 250,000,000 outstanding common shares."

http://biz.yahoo.com/bw/070208/20070208005871.html?.v=1

--------------------------------------------------
you asked:

100,000 shares of paim @.0004=$40...Divy 1000 shares 100 to 1 split of PGMC as of todays close .43= $430...Is this correct...