InvestorsHub Logo
Followers 9
Posts 1998
Boards Moderated 0
Alias Born 08/04/2005

Re: Krombacher post# 244599

Tuesday, 08/02/2011 11:45:25 AM

Tuesday, August 02, 2011 11:45:25 AM

Post# of 361528
Krom - current shareholders (ie 93mm) will we receive 1 share + warrants for every 20 shares held in oldco for newco (so 93mm/20). Oanado will then receive 100mm shares of newco as well (100mm + 93mm/20 + exercised warrants = new total O/S). that is how I read it.