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Re: TJG post# 27994

Monday, 12/03/2012 1:07:19 PM

Monday, December 03, 2012 1:07:19 PM

Post# of 90386
OTC stocks use shares for funding...WAFR has not and will not, since they have funding in place... short term $5,000,000 long term $10,000,000

Uh...

On October 26, 2012 COREwafer Industries, Inc. (the “Company”), entered into a Reg A reserve equity financing agreement (the “Agreement”) with AGS Capital Group, Inc. (the “Investor”) whereby the company shall issue and sell to the Investor, from time to time, and the Investor shall purchase from the Company up to Five Million Dollars ($5,000,000) of the Company’s common stock (the “Shares”).


http://www.otcmarkets.com/financialReportViewer?symbol=WAFR&id=94067

How is this NOT funding from the sale of shares?

(BTW, at the current price $5,000,000 will buy 306,748,466 shares which is all and then some...just sayin')