InvestorsHub Logo
Followers 1
Posts 52
Boards Moderated 0
Alias Born 02/01/2013

Re: dragon slayer post# 538

Wednesday, 06/19/2013 7:26:02 PM

Wednesday, June 19, 2013 7:26:02 PM

Post# of 18220
TNIB sold 7,285,000 shares for $0.156 per share average, to raise $1,136,500 in 2012. They ended the year with only $313,095 in cash.

In addition to all those shares at 15.6 CENTS per share, the buyers got matching 1:1 Warrants to buy more shares at $1.01 - $1.50, expiring in 2015, 2016, and 2017 (about 1/3 each year).

AND YOU CALL THIS A STOCK WORTH MORE THAN $4 ...!

Amazing.

Citation from TNIB report linked below, pages F-12 and F-5:
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9344394