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Re: GEO928 post# 81004

Thursday, 02/11/2010 9:13:44 AM

Thursday, February 11, 2010 9:13:44 AM

Post# of 375420
You are correct. From the PR, QASP will be a shareholder in Mineseeker, a controlling shareholder, if and when the deal is consummated:

"...to take a controlling share in BVI company, Mineseekers Operations Overseas Ltd, and its subsidiary Mineseeker Operations UK Ltd."

I don't see anything incorrect with the statement. Companies like Google, Microsoft, etc acquire majority shares in companies. It means they are a shareholder. But it also means they are a controlling shareholder.

All imo. GLTA.



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