Bangi Inc (BNGI)

[SDSU Fan]

Yeah I saw that also and was about to sell but changed my mind cause if they issued shares at .17, I didn't think we would fall much further from there. I was wrong!

2. 8K released last month showed that On December 27, 2010, we entered into an asset assignment agreement with Dr. Joseph Sinkule, wherein Dr. Sinkule has agreed to assign to our company certain therapeutic products licensed from the Public Health Services of the National Institute of Health in Bethesda, Maryland. We have agreed to issue 3,680,000 shares of our common stock at a deemed price of $0.17 per share as remuneration for the license assignment