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Re: Emax Man post# 14627

Wednesday, 07/25/2012 3:14:16 PM

Wednesday, July 25, 2012 3:14:16 PM

Post# of 32985
Were the initial 400 million shares paid to the officers of Emax Media (ie. Roxanna and crew) in exchange for the licensing of the music library restricted when they were issued in late June of 2011 or weren't they? Yes they were, according to the Merger announcement on June 29th 2011.

eMax Media shareholders will exchange forty million (40,000,000) shares of its restricted common stock (the "eMax Media Shares") for four hundred million (400,000,000) shares of restricted common stock in MINDPIX


http://ih.advfn.com/p.php?pid=nmona&article=48252600

However, OTC was updated on June 22nd by Roxanna where it stated the O/S was approximately 623 million shares and the Float is approximately 336 million shares. That means only 287 million shares of the O/S is restricted, not the original 400 million as you claim. I am not speculating here. I am just doing the math. So that means, at least 113 million shares were restricted and are not restricted any longer. I don't see why you are arguing with me on this. These are her numbers I'm using.
http://www.otcmarkets.com/stock/MPIX/company-info

Now, I am speculating that there is a correlation between the recent high volume and the recently unrestricted shares but that's the whole reason I posted to see what everyone thought about it.

-unconvinced

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