Cotton & Western Mining Inc. (CWRN)

[Digra Ive]

i.t.m.d, guys - I'm bit curious about the part:3 and 4
In part:3 was told =>
By consent; the Directors of Pan Am LLC., U.S.A. shall retire by deleting a percentage of common shares now held as new common shares that are accumulated though the public market beginning in the later part of the first quarter of 2011.
From my point of view: CWRN has to produce a lot of cash
1- To support production.
2- The company won't be interesting in high PPS to pay for retiring by deleting common shares
In part: 4 was told ( the last sentence ) =>
In the event that the Company does move to another index, current shareholders shall be issued the new listing common shares in proportion to their holdings. When I think about this statement it doesn't make me to sleep well. It reminds me bit different form of R/S.