Palisades Petroleum Corp. (fka PAPT)

[rossw]

New SPRL Share Structure:

Market Value $430,435 a/o Dec 07, 2011
Shares Outstanding $860,870,592 a/o Jan 03, 2011
Float $262,058,677 a/o Jan 03, 2011
Authorized Shares $1,000,000,000 a/o Nov 17, 2010

refer: http://www.otcmarkets.com/stock/SPRL/company-info

PAPT Share Structure:
Market Value $1,000,000 a/o Dec 07, 2011
Shares Outstanding $1,000,000,000 a/o Nov 17, 2011
Float $426,846,489 a/o Nov 17, 2011
Authorized Shares $1,000,000,000 a/o Nov 17, 2011

refer: http://www.otcmarkets.com/stock/PAPT/company-info

What will the combine company structure look like:

Option 1:

NEW SPRL Share Structure:

Market Value $1,430,435 a/o Jan 03, 2012
Shares Outstanding $1,860,870,592 a/o Jan 03, 2012
Float $688,905,166 a/o Jan 03, 2012
Authorized Shares $2,000,000,000 a/o jan 03, 2012

Option 2:

NEW SPRL Share Structure:

Market Value $1,430,435 a/o Jan 03, 2012
Shares Outstanding $1,000,000,000 a/o Jan 03, 2012
Float $688,905,166 a/o Jan 03, 2012
Authorized Shares $1,000,000,000 a/o jan 03, 2012

Option 3:
???????

Only hope it will be Option 2 and with the "revenues" from the the Barclay (2.8M) http://bit.ly/vnbSap and Shumba (2.5M) http://bit.ly/tkzpl2 could be a little win for everyone, this time. But, I doubt it from the looks of it and simple web searches this is just another crooked penny. Same story, people living insincerely. Good luck to the New PAPT