Replies to post #414 on Omni Shrimp Inc. (fka OMSH)

[wald]

There is no mention as to how much money NaturalNano received in this financing. Are we sure it was $170,000? How much time will that much money buy?
I suppose the prior dispute with these lenders was resolved in their favor.
It is a shame that TI could not or would not sell the company before it came to this.
It still seems likely that there is a future for halloysite in the nano industry.

[wald]

I am still a long way from having figured these transactions.
Is it:
TI has exchanged its 69,212,280 NNAN shares for warrant(s)
to purchase a 5 percent interest in NaturalNano within 2 and 1/2 years.
NaturalNano has obtained $170,000 in new funds which they
can repay in NNAN shares at half a cent a share. The principal amount would be paid with 17,000,000 shares. The interest payments would be another 300,000 shares.
NaturalNano would have a balance of 51,912,280 shares
with which to pay off existing debt or any new debt.

If the above is the situation, should we believe that TI's action can be seen as very bullish for the future of NNAN in solving a short term cash problem?