Replies to post #7320 on Green Leaf Innovations Inc (GRLF)

[hitman001]

is this company doing a reverse split?

[Rocky05]

jufel - This company will be Gold Coast and
still have the same number of shares.

The other shares you are discussing come from selling off
some of our Hotweb sites.

(Check the old news releases)

This link may help you click around:

http://home.cogeco.ca/~ljausten/hwbi.html

Also reading back on ORCA's postings should help,

as well as the ibox above.


GLTY

Rocky

[SilverEagle]

According to the today's PR news, outstanding shares is static.
(for more than 1 year! solid!)

And I presume, your calculation is most likely correct.
If you own 1,000,000 share of HWBI, you will receive, 66,666 shares of new company.

We don't know what the PPS would be but we know they won't be diluting the new company as private placement is @$.50.

Maybe we can make valuation @$.50?

$.50 x 66,666 = $33,333

Re:
Posted by: jufel Date: Tuesday, June 02, 2009 3:11:34 PM
In reply to: None Post # of 7938 [Send a link via email]
Question for the Board

Assuming that the Outstanding shares are stated as above: 445 Mill. shrs and the New company Max Media will have
76 Mill. shrs and HWBI will own 29.4 Mill shrs of that then
Every New 1 shr = 15 Old shrs . Is that right?
Is there any calculation made to realize the price for the
new shrs?