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Sunday, September 20, 2009 8:57:05 AM
If I read and understand correctly they exchanged $2 mil of debt for 200,000 shares of PNG stock and have come to some sort of agreement on the $536,869.26 and no longer owe it.
They are working on getting everything in order, IMO of course.
PLUS: They got $10.00 per share of PNG common stock which is @ .0620 as of last close if I am not mistaken. PNG Ventures correct?
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