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investwise4858

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investwise4858

Re: doubleeagle post# 220

Thursday, 07/05/2007 4:28:39 PM

Thursday, July 05, 2007 4:28:39 PM

Post# of 12981
doubleeagle good question...

The percentage that GSIEF ownership would remain at 90% as stated.

The number of shares that GSIEF issues to CMHS to effect the merger may be reduced, as the shares are worth more than they were just a few days ago.

The final adjustments would be made at closing, any shares not used, would be returned to treasury or cancelled by the transfer agent.

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