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Re: catdaddyrt post# 13645

Friday, 09/16/2011 10:52:46 AM

Friday, September 16, 2011 10:52:46 AM

Post# of 37856
Cat, not sure on that, look at Bullet Point 10 of the LOI. NHSH is going to do more private placements.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8150312

Don't think the new shares will be issued at a premium. As you accurately stated, need to sit on the sidelines until all the dust settles.


10.
Exclusive Opportunity : Following the execution of this Letter of Intent, the Parties will use their best endevours to complete the Formal Agreement. However, notwithstanding the foregoing, Mineseeker agrees that NHS may offer certain of its shares of common stock in presently contemplated private placements for the purpose of raising operating capital provided that issuance of such shares of common stock does not result in a change of control of NHS.
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