DnC Multimedia Corp (fka DCNMQ)

[alsbenhere]

Frugal, this is in the 8K. There is also a provision not to dilute in connection with the RS. I am not too experienced so I am not sure if this answers the question or not. Maybe you could let us know what you think. Thanks, Al
Deal Summary


· To close this deal Planet Link will have to effect a 1 for 150 reverse stock split. The post split Company with approximately 6.7 million issued and outstanding.



· Planet Link would also need to negotiate the exchange of the current class of preferred stock for a combination of common stock and cash or warrants.



· The Company would need to effect a funding either at closing or within a short period there after.



The following chart outlines the shares outstanding post reverse split/reverse merger:

6,700,000 Post 1 for 150 reverse stock split
450,000 Shares to Exchange for Dewey Bain’s preferred shares
1,500,000 Shares to reduce $150,000 of Dewey’s note
11,500,000 Shares to Pluginz.com LLC
2,500,000 Shares to FTS Group, Inc.
10,000,000 Shares for $1 Million Funding
32,650,000


10,000,000 Warrants at the Money
5,000,000 Warrants at 120% of the price at closing of funding.
47,650,000 Fully diluted with $2.5 million in funding