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Rocketred

01/30/04 7:19 PM

#77759 RE: Shepo69 #77757

Sounds like a 15% dividend to Common shares of GMDP holders

chambers52

01/30/04 7:23 PM

#77760 RE: Shepo69 #77757

shepo69 I am not positive about this yet but I think that for every gmdp share you will get .0129 share of redwood and if you do the math I believe the redwood shares are worth .51 per share, again it all depends on the number of shares in the float of redwood once it starts to trade, I am working off the 20million it states in the 8k that redwood will issue.
Right now I am not for sure, but I do believe that gmdp will be big, more pr's next week I have been told, but again I will wait on next week to see for sure.