Replies to post #200016 on Xechem International Inc. (fka XKEM)

[lemon]

So, 3.5 billion shares of XI will be reduced to 1 billion shares of XI. Sharesholders will receive 10% or 100 million shares of those 1 billion shares which will become the O/S. The remaining 900 million shares becomes the A/S of XI. I think!!!! lol Sounds right?

[paycheck]

Oh, so from a following post I see 10% of the billion become the O/S thus giving us a 35 - 1

[Larrywh]

Whereas the creditors would get the remaining 90% of those new shares, right?