Sunday, May 04, 2008 2:03:45 PM
And when??
Any guesses?
Posted on pinks May 1
The transfer of the salons into GRNE was effected as part of Nexia’s plan to create an independent salon company whose growth strategy will include the acquisition of an undetermined number of salons. In addition, GRNE intends file a Form 10 to become fully reporting under the Securities Exchange Act of 1934. Once GRNE is reporting Nexia intends to spin-off its shares of common stock on a pro rata basis to the Nexia shareholders. GRNE’s ability to become fully reporting is contingent upon Nexia raising at least $100,000 for projected legal and accounting cost associated with the filings.
Maybe so more news tomorrow, Good luck ta all
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