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Re: None

Friday, 01/28/2011 10:42:01 AM

Friday, January 28, 2011 10:42:01 AM

Post# of 375420
The final allotment in relation to the merger is yet to be determined at this stage and will be notified at a later date once it is determined. However, the parties contemplate that Centaflix or a subsidiary of Centaflix will merge with and into Quasar in a tax-free reorganization transaction in which (i) Quasar will be the surviving corporation, (ii) all of the existing assets of Quasar will continue to be owned by Quasar, (iii) Centaflix or its shareholders will receive all of the issued and outstanding shares of Preferred Class A Stock and seventy-five percent (75%) of the issued and outstanding shares of common stock of the surviving corporation, and (vi) all of the shares owned by the existing shareholders of QUASAR shall be converted, in the aggregate, into twenty-five (25%) of the issued and outstanding shares of the surviving corporation.
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Centaflix Music Promotion, Distribution, Broadcasting and Recording for the new age artist ...

http://www.centaflix.com/centaflixcompanies.html