Safeplus International Holdings Ltd. (ACAI)

[The Real Titan]

Looks like you were MUCH MISTAKEN...lol

Posted by: sunspotter Date: Friday, September 12, 2008 3:51:08 PM
In reply to: The Real Titan who wrote msg# 3038 Post # of 3198
"It looks like the selling/dilution that's taken it from .20 - .30 range down to where its at now, has finally ended"

Hello!?

Today, unless I'm much mistaken, at the urging of cyberbub0 and others, the Special General Meeting authorized an increase in the outstanding float to 800 million shares.

The current number of issued shares is 175 million.

The new potential float represents 357% dilution (or MegaDilution, as I like to think of it) against the current float.