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gr8rfool

02/23/07 12:19 PM

#7294 RE: lasvegascowboy #7293

PGNF has 269,130,000 O/S.
5. To consummate the transaction, PGNF shall issue to NMKT shares of Supermajority Preferred, which shall have supermajority voting rights to represent a 90% controlling interest in PGNF. The Supermajority Preferred will be subject to a twelve month lock up period and will have anti-dilution protection.

gr8rfool

02/23/07 12:20 PM

#7295 RE: lasvegascowboy #7293

PGNF has 269,130,000 O/S. Can anyone translate this into a post merger share count?

5. To consummate the transaction, PGNF shall issue to NMKT shares of Supermajority Preferred, which shall have supermajority voting rights to represent a 90% controlling interest in PGNF. The Supermajority Preferred will be subject to a twelve month lock up period and will have anti-dilution protection.

Telephonics

02/23/07 7:11 PM

#7297 RE: lasvegascowboy #7293

It never ceases to amaze me. On most message boards the universal complaint is that the company does not communicate with it's shareholders. Here, we have the situation where the opposite seems to be the case. The company talks too much. How much is just right,please?