Sterling, first thanks for the update and correct me if I am wrong, this still bodes well for the shareholders as the OS remains just about the same as it was before the acquisition or am I reading this wrong?
For fear of pumping I have not seen a pink sheet stock fund an acquisition this way without increasing the OS.
"…the authorized capital stock of the company will increase from 790 million"
So, the company releases a PR that says the A/S will increase from 790 million...and yet you're conclusion after all the verbiage you write says the A/S will be 781 million shares."
Why couldn't the company get it right in their PR...781 million A shares O/S and NOT 790 million A shares O/S?
The main thing this shows to me is that the company can't add!
Exact Share Structure Per: Transfer Agent Evermedia Group, Inc. EVRM
781,540,115 Million – Total Outstanding Shares 368,348,850 Million – Total Restricted Shares 413,191,265 Million - Total Free Trading Shares [Float]
Class B Shares - 350 Million {Which the T/A doesn't even list or mention.}
Interwest Transfer Company (Takes FAX requests only) 1981 East 4800 South Suite 100 Salt Lake City UT 84117 801-272-9294 FAX: 801-277-3147 http://www.interwesttc.com/
Ok, Thxs for the explanation Stervc. Appreciate it, Mariner