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Re: Phoenix-Rising post# 2435

Sunday, 09/09/2007 3:59:21 PM

Sunday, September 09, 2007 3:59:21 PM

Post# of 12981
I would think the registration tells us is that that the Nevada shell of 250 million shares was bought out fully by GSI. NOW THE REVERSE MERGER CAN TAKE PLACE. At this time GSI can limit the A/S to the previous 100 million and limit the float also to its previous level. A name change can also take place at this time. The next action that would take place is putting together the audited financials to get listed on the OTCBB.

Gunthers words:-

GSI will not effect a reverse split, all shareholders will retain the shares they own, no change is planned that will affect any shareholders position, pre or post merger.

GSI will not change the authorized shares, said authorized shares to remain at 100 million.

GSI is expediting the move to Nevada domicile and printing shell, and will announce further details shortly.

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