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Re: liable post# 2809

Thursday, 06/25/2009 10:04:13 AM

Thursday, June 25, 2009 10:04:13 AM

Post# of 3071
I believe MK gave away 2.3 million shares. The original filing showed him acquiring 2.3 million as a gift which didn't make a lot of sense. This amended filing changed it to disposing of 2.3 million shares as a gift.
As for the registration, I believe Tangiers gets stock at a 10% discount. This simply updates the registration to indicate the value of the newly registered stock is reduced.
At least that's what I think these filings mean.

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