New Asia Holdings Inc. (NAHD): Stoa had an LOI with IRIS prior to DMPD....

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New Asia Holdings Inc. (NAHD)

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Re: Clippy post# 6114

Friday, 07/12/2013 2:43:58 AM

Friday, July 12, 2013 2:43:58 AM

Stoa had an LOI with IRIS prior to DMPD. There was much speculation as to which company would come out on top.

We here felt that the fact that the agreement between DMPD and IRIS came later was an indication that the stoa agreement fell through, which has been confirmed.

The pending reverse split of 188:1 is a requirement for the agreement with IRIS and must be completed prior to moving forward.

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