Wow, How long did it take you think all that up. Cause it is make believe right, you really have no facts to back any of that up- I know the part about the shares and the cash is in the 8-K, but the rest you dreamed up right? If not please show where you found that astounding DD. lol
You got 1/5 th of a post correct. Yes they did buy the company for 830 million in restricted shares and did assume 2 million in debts owed. The rest is a made up pile of crap. Please provide us with a link showing where the 2 million dollars has been converted to shares. Oh, you are insinuating 3A-10 financing. Yes I know all about 3A-10 financing, which is a great tool to finance companies in the right hands. It is a 1000 times better than a convertible debenture. The company gets 80% of the money raised. Please show me where financing is needed on this play. This is not a company like UCOI endless dilution to pay millions of dollars rehabing a mine and buying properties. Yes most pennies need money till they can stand on their own 2 feet. Once a company goes to break even dilution stops. The question is how long till break even. I say on GRXI it is less than 3 months.
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