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Re: cjstocksup post# 47363

Monday, 09/21/2009 6:55:06 PM

Monday, September 21, 2009 6:55:06 PM

Post# of 111729
Called Biocentric about an hour ago and got Dennis Fisher believe it or not. I asked him how this was all going to happen because i know i and others were very confused with this. From what he said, is for example if you 5000 dollars worth of stock now. When the new symbol comes out you will own $5000 worth of that stock still. He also stated if you were to buy stock now it would still transfer over and you would not be stuck with just shares of a shell stock.

My one question now though that i didn't think to ask is that i know they will give us 1 share for every 10. What would this move be qualified as? I know its a merger but would it be considered a reverse merger due to the share split. Or is it a merger with a R/S (but for the good of us obviously)? Sorry i'm fairly new to mergers like this and am just a little hazy on it.

He told me he made sure to do this in a way that would best help the shareholders and would not leave anyone behind. The talk was fairly quick but i must say he seemed very confident in everything he spoke about and sounded like he knew exactly what he was talking about and cared greatly for us shareholders.

Even though this is confusing for many i'm sure it will work in for all of us smile. All IMO though.