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Re: johnsyn post# 178

Thursday, 07/04/2013 8:58:01 AM

Thursday, July 04, 2013 8:58:01 AM

Post# of 460
Good news, but couldn't understand: Shareholders will have a
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.