Mobilestream Oil Inc. (fka MSRM)

[kennypooh]

Riv,
I'm aware of the letter and emailed Jeff last week asking for a clarification. No response yet.
Have you clarified this?
KP

Dear Mr Andrews:
I am an enthusiastic shareholder of Global Resources as well as the owner of some Mobilestream shares. Frank Pringle's letter to the shareholders dated July 20, 2007 stated that Mobilestream shareholders would receive "one share of Global for each 7.14 shares of Mobilestream and will also receive one Global warrant for each three shares of Global received".

I have two questions:

1) From the July 20 letter:
Q. The Warrants will expire shortly, are they being extended since registration is required?
A. Yes. The Board has extended them and the new dates for expiration are as follows.
CRC "B" and "D" Warrants, exercisable at $2.75, extended to Dec 31, 2007
CRC "E" Warrants, exercisable at $4.00, extended to March 31, 2008.
Warrants for Mobilestream, exercisable at $4.75, extended to March 31, 2007.

As this date has expired was it a mistake and supposed to read Dec 31, 2007 (the same as the CRC "B" and "D" extension)?

2) Mobilestream shares are still being traded on the OTC market. Will all holders of those shares, regardless of when purchased, now convert at the same ratios as above when the registration is complete ?

Sincerely,
Ken Pollard