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Post# of 353149
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Re: bobby2006 post# 139791

Tuesday, 04/10/2007 10:51:25 AM

Tuesday, April 10, 2007 10:51:25 AM

Post# of 353149
SPNI's Board has agreed to complete a reorganization of its capital structure in the form of a split that will have one new share exchanged for each 432.3 shares of SPNI now outstanding. The resulting company will have 20,936,193 shares outstanding at the time the merger is complete after giving effect to the reverse split. DEP shareholders will hold newly issued restricted shares representing 94 percent of the outstanding shares of the combined companies.

This is not a reco to buy! Please do your DD!

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