ZNext Mining Preferred Shares (fka ZNXPP)

[was pennymaster]

Ok bigbake here it is. "One common share surrendered equals $0.001 par value when held to maturity of five years- June 15, 2011." So in my case, my first purchase was 50mil in feb/06. 50mil x 90% = 45,000,000 x .001 = 45,000.00 which is what my account shows. My sources are p/r from August 30, 2006 under the heading Convertable Debenture Face Value 1.00 increments and.......Pearl Asain Mining Answers The Commonly Asked Questions of the 90% Buy Back, Question#8 and answer. There it is everybody!!!