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Monday, July 16, 2007 3:56:51 PM
will be our little secret. I can infer that the price is something less than .0177 per share, based on the $500K figure, the O/S of 564M, and the fact that they issued an 8K for the PP (only necessary for PPs in excess of 5% of O/S for SB filers).
If the PP is fully subscribed, CHDO will be at 590~600M shares. Time to increase the A/S, I think.
I don't think EDGAR will come after you about the $500K figure. We'll keep it on the down low.
Regards
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