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Re: THE REAL NORIEGA post# 7957

Wednesday, 05/09/2012 10:34:03 AM

Wednesday, May 09, 2012 10:34:03 AM

Post# of 38564
Diluting a little?


S-8 Oct. 2011
DILUTION


The issuance of the shares contemplated in this Prospectus will dilute existing shareholders of the Company. The annual issuance of 5,000,000 common shares of the Company’s common stock pursuant to the Management Agreement with Ingo Jucht will, based on the number of shares of our common and preferred stock outstanding on the date of this Prospectus, dilute outstanding common shares by approximately 7.46% in the first twelve (12) months after the date of this Prospectus, 6.9% in the second year and 6.4% in the third year.

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