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fratboy72

12/11/06 11:18 AM

#21652 RE: Fishing at Surfside #21648

Think we'll see # of shares, etc in a clarifying PR very soon. This is just the first of MANY PR's in a string (IMO)....

Stay tuned..........................

Imperial Whazoo

12/11/06 11:19 AM

#21653 RE: Fishing at Surfside #21648

What about those of us into both of them? In that the PR came out from WW first, I assumed it was from WW but now its mirrored on BIGN?

"Who's on first? I Don't Know. No, he's on second! Who? I Don't Know! What? No, he's on third." "Abbott & Costello"

Imperial Whazoo

spiras

12/11/06 11:21 AM

#21656 RE: Fishing at Surfside #21648

So let's try to figure out for ourselves. According to the Nevada Secretary of State records, WWO&G A/S is 400M:

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=QEwprnm0YZSBKfn59v1gPg%253d%253d

So the O/S could be that amount at most, and probably is less.

So BIGN can distribute at most 40M shares. Assuming 376M O/S of BIGN, each shareholder will receive at most 0.1064 shares of WWO&G for each share of BIGN.