Home > Boards > US OTC > Delisted > China Daqing M&H Petroleum, Inc. (fka CHDP)

As per filings:

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zen222 Member Level  Wednesday, 08/08/07 10:42:32 AM
Re: up-down post# 2
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As per filings:
Section 4.01 No Reverse Stock Split or Dilution. Purchasers hereby covenant and consent, which consent shall survive closing and be acknowledged by Purchasers’ assigns, if any, that the Company’s shares will not be diluted for a period of 1 (one) year after a Business Combination involving the Company. “Business Combination” shall be defined herein as any form of equity financing, debt financing, licensing, merger, acquisition, combination and/or consolidation involving the Company and any third party. Furthermore, Purchasers agree not to effectuate a reverse stock split for 12 months after Closing.


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