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Re: None

Wednesday, 08/31/2011 11:38:35 AM

Wednesday, August 31, 2011 11:38:35 AM

Post# of 6903
I got the files, and it looks real, so far, still reading and looking it all over. Not clear yet if this offer is official yet, or a draft, or a done deal!!!!!

In this case the warrants will only go to those buying the new shares. Existing shareholders will not get warrants, and can not buy unless they are accredited (super rich) investors). There may also be a minimum subscription amount ($50,000 minimum is typical of such offers).

This is not a registered public offering. In order to buy any of the offering, you must be an accredited investor (per this and that legal definition), meaning you need very DEEEEP pockets, , like $5 million dollar net worth in one case according to the text. The shares will not be immediately registered or tradeable, but there is a provision that calls for the shares to be registered (no mention of registering the warrants for resale that I see yet).

If you want a copy email me at the prior email I listed.

So far I do not see any reason why todays low price might not be the real, final bottom. So if you want cheap shares, and you are not super rich and already signed onto this deal (we do not know if it is already a done deal, or all subscribed to already), you better be buying the lows here, today!!!!

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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