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Post# of 37856
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Re: B*A*N*K*E*R post# 2899

Sunday, 02/27/2011 4:48:12 PM

Sunday, February 27, 2011 4:48:12 PM

Post# of 37856
T...
One more time...

Either I'm losing my mind or, I'm too dense or, we're just not communicating somehow.

QASP's current share structure... A/S & O/S = ~1.5B shares.

The proposed 4-for-1 R/S will reduce that 1.5B share count to 375mm (freely-tradeable) shares.
Which, coincidently, is 25% of the former, pre-R/S share count.

Now... Where, oh where is CentaFlix going to get it's 1.125B (75%) restricted shares?
THEY DON'T EXIST ANYMORE!
Post R/S... QASP's A/S & O/S = 375mm shares.
Unless QASP can issue an additional 1.125B new restricted shares for CentaFlix during the merger process.
Can they? Who knows...? If they can... problem solved!

Then, there's a scenario similar to what Surf outlined:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60355482
The new Company can then divide their (1.5B ?) shares according to the Proposed Merger Agreement...
... 75% (restricted?) to CentaFlix; 25% to current QASP shareholders.
The numbers work out well in that scenario, also.

GLTA,
Jim

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