Redwood Group International (RDWD)

[Myth]

Does this say what I think it says ? Taken from the S1..

Sino Share Exchange


Prior to the realization of loss of control of the Sino UJE entity, the Board of Directors had authorized us to issue common shares to minority interest owners of Sino UJE. It was discovered subsequent to the purchase of Sino UJE, and prior to the realization of loss of control of Sino UJE, that these minority interest owners had not received an equitable share of the purchase of Sino UJE by us. We issued 272,391,430 shares for finance costs totaling $459,879 to correct this oversight. The shares were issued based upon the exemption from registration found in Section 4(2) of the Securities Act.