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Re: racerdave42 post# 1471

Tuesday, 06/16/2009 7:42:35 PM

Tuesday, June 16, 2009 7:42:35 PM

Post# of 2266
My interpretation would be that InferX has reduced their debt structure and/or has had revenues such that they are worth more than before. The only other explanation would be the opposite, which is not how it was worded: "In light of InferX’s existing capital structure it will issue to The Irus Group 10 million shares of its common stock or approximately 56% of its issued and outstanding shares of common stock rather than 70% of the issued and outstanding shares of InferX common stock. The remaining terms of the merger agreement are unchanged"

Makamai

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