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Re: DREAM BIG post# 2726

Wednesday, 05/02/2012 5:00:43 PM

Wednesday, May 02, 2012 5:00:43 PM

Post# of 12606
OK, here we go. MY DISCLAIMER - I AM NOT AN EXPERT ON SECURITY LAWS AND I AM JUST AN AVERAGE INVESTOR TRYING TO EXPLAIN WHY, IN MY OPINION, THE CEYY SHARES BECAME UNRESTRICTED THIS MONTH

First, according to the amended 8K submitted Feb 27 2012

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8437948

On October 31, 2011, we completed a reverse acquisition transaction through a share exchange with FSP whereby we acquired all of the issued and outstanding shares of FSP in exchange for 37,000,000 shares of our common stock, which represented approximately 31.3% of our total shares outstanding immediately following the closing of the Share Exchange. As a result of the Share Exchange, FSP became our wholly-owned subsidiary.



There you have the exchange of shares. One thing I found out in the process, the A/S is only 200 mill, the O/S is 118 million wink that is LOW!

Then they said they would sell them

If we raise additional funds through the sale of equity or convertible debt, our current stockholders’ percentage ownership will be reduced. In addition, these transactions may dilute the value of ordinary shares outstanding.



Next you must go to SEC rule 144

Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months.


http://www.sec.gov/investor/pubs/rule144.htm

And there ya go, as of yesterday, all shares are unrestricted and they are looking for a much bigger pps than the current.

Do your own DD, consider all my posts my opinion

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