Satellite Newspapers Corp. (fka SNWP)

[up-down]

ok, let me try this

73% of the total OS is 132M (round numbers)

.73 x OS = 132M

OS = 132M/.73 or 180M

but the pps is too cheap according to management. they'd like to RS 50:1

132M/50 = 2.64M
180M/50 = 3.60M and this would make the pps .002 x 50 = 10cents

If they want .35 they'll need 175:1 RS

Say they do a 175:1 RS, that leaves an OS of 423M/175 or only 2.4M shares.

The AS is still 500M, maybe they just print 132M new shares and give them to "International Creative Property Concepts NV and Andreas Yanakopoulos, an operator and provider of elderly care services in Belgium, registered in Kapellen, Belgium" and basically wipeout existing shareholders.

Restricted shares can be sold buy filing a 144, the company just has to allow the removal of the restriction stamp on the cert. These new ownwers can remove this stamp easily. Or better yet, leave those restricted so we think there locked up and print say 200M new unrestricted shares and dump them in the market.

LOL

basically all we can do is speculate.