a big profit after Consolidation?
How has 100.000 shrs now will have 33.000 at 0.027
and after consolidation the price will be at 0.081 ???
I never understood these offering......but PI investment sounds good. I will do some DD about Mr. Prentis
rgds
Coinciding with the Offering, the Company intends to consolidate the Common Shares on a basis of three pre-consolidation Common Shares for one post-consolidation Common Share (the “Consolidation”). The securities issued in connection with the Offering will be priced at a pre-Consolidation price per Common Share of $0.027. Post consolidation, approximately 61,728,395 Common Shares will be issued at a price of $0.081 per Common Share.
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