NWWV and PLYCF MERGER SUMMARY!!!
*Playstar shareholders will receive 0.8 of a share and New Wave shareholders 1 full share in the merged entity
*will file for an OTCBB listing once all paperwork is complete.
*new entity will have a corporate structure of 334 million shares outstanding.
*shareholder meeting to increase the authorized to 400 million with no further increase needed for the foreseeable future.
*An Executive Stock Options Plan, Warrants, and a Performance Based Options Plan will also be announced after the merger is complete.
*This merged entity will be worked on by our lawyers and we aim to close in the next 60 days.
*Any new developments within either corporation will be released jointly.
*New Wave Media Inc. currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is Transfer Online of Portland, Oregon. Total authorized is 260,000,000 shares. Playstar Corp. also uses Transfer Online and its authorized and issued is 100,000,000.