InvestorsHub Logo
Followers 29
Posts 5209
Boards Moderated 1
Alias Born 07/11/2011

Re: BlindSquirrelFindsNuts post# 876

Tuesday, 01/17/2012 12:38:37 PM

Tuesday, January 17, 2012 12:38:37 PM

Post# of 3562
Here are more exact numbers, from the Notice:

As of January 9, 2012, the Company had 198,009,290 shares of Common Stock issued and outstanding. Based on the number of shares currently issued and outstanding, immediately following the Reverse Split the Company would have approximately 19,800,929 shares of Common Stock issued and outstanding (without giving effect to rounding for fractional shares and the issuance of an additional 79,078,817 postsplit shares of Common Stock to be issued to Lantis Laser under the Stock Purchase Agreement).

The number of authorized shares of the Company will not be changed in connection with the Reverse Split. In addition, the par value of the Common Stock will not be changed in connection with the Reverse Split.

Per above, the number of authorized shares will remain at 500,000,000 - yielding 400,000,000 shares to sell.

Again, look at "the Mineral King's" past. Minerals? NO! Mining? NO! Stock promotion and sales.....

And it can all be done from the comfortable basement offices at 41 Howe Lane.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.