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Post# of 87366
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jasonu38

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jasonu38

Re: DEMO P2 post# 47319

Tuesday, 04/01/2008 6:21:26 PM

Tuesday, April 01, 2008 6:21:26 PM

Post# of 87366
Ok, so I still dont get it. How can they issue 1 bill pref shares at $1 with the share price at .0002 and use them to fund projects if they are not actually worth that much. Wouldn't the companies shares have to be worth $1 in order for anyone to accept those pref shares as payment? Someone please explain this if you can.
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