InvestorsHub Logo
Followers 0
Posts 463
Boards Moderated 1
Alias Born 03/01/2007

Re: rrm_bcnu post# 27095

Monday, 04/09/2007 6:06:46 AM

Monday, April 09, 2007 6:06:46 AM

Post# of 33332
I expect audited financials by Friday, don't you? Since any such offer would have tried to take advantage of the tax year past, I suspect whatever action took place, did so in the last quarter of 2006, prior to 31 December 2006, and will be reported in the 10-KSB.


No, I don't expect audited financials this week. Could be wrong, but I will honestly be surprised.

As well, You need to get your facts in order.

Per recent 10-QSB:

"In January 2007, the Company was presented an offer from PCI and LexReal, the holders of $7,129,299 in subscribed common stock, to convert those subscribed shares at $.00011 per share at their discretion. The corporate attorney for this purpose issued an opinion letter supporting the transaction. "


The offer was made in January 07 so it won't be reported in the 10-KSB (Perhaps planned that way so the new share count wouldn't be avaliable to investors until the end of June?)



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.