Saturday, November 28, 2009 10:48:49 AM
Link:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26040
Page 10 beginning is where it is located.
The merger provides for the shareholders of ProRemote to receive approximately 75% of the issued and outstanding common stock of QED Connect at closing, which is expected to occur no later than January 8, 2010. (found info in latest quarterly report)
this can happen between now and Jan 08, 2010, that means once they receive the 75% of common stock, this stock will move on air.
current O/S 4,229,425,280 shares
x .75 = 3,172,068,960 (75%)
left for trading = 1,057,365,320
Just in case scenario: if they max A/S 5bil
3.75bil tied up
1.25bil left for trading, So this will move up to higher highs... its a .0001 The merger should help generate more revs.
Once this has been finilized we will see higher and higher highs.
$$$ Severly Addicted to Mad Money $$$
It is not always what we know or analyzed before we make a decision that makes it a great decision. It is what we do after we make the decision to implement and execute it that makes it a good decision.
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