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Saturday, 04/14/2012 4:42:06 PM

Saturday, April 14, 2012 4:42:06 PM

Post# of 280
10-K...new item, fully-diluted share count.....

Interesting piece of information in the 2011 10-K, regarding a 1.5M share issuance to management/directors if a merger occurs. This must be something recently put in place because no previous filing has made mention of it......

Unless otherwise indicated, each person named in the table exercises sole voting and investment power with respect to all shares beneficially owned. As at the date hereof, TGFIN Holdings, Inc. had outstanding 23,321,045 shares of its common stock. Percentages are not adjusted to reflect 1,800,000 shares awarded to management over the past several years, and not yet issued, nor 1,500,000 conditionally awarded to management pending the signing of an acceptable merger, to be issued immediately before such merger, and not yet issued, resulting in 25,121,045 and 26,621,045 total shares, respectively.



The fully-diluted share count (pre any potential merger, and includes options, conversion of Sam Gaer's notes/interest, etc) is currently around 31M shares. Of that amount I think Sam Gaer owns over 10M shares, and his wife owns 3.2M shares.



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