Replies to post #743 on Cross Border Resources, Inc. (XBOR)

[whitestar2009]

But that's not what the PR stated.

From your calculation:
3,425,000 left from deal - 1,700,000 acquisition = 1725000 surplus

So, by your calculation the PR should have read as follows:

"in the amount of approximately $1,725,000.00 leaving the Company enough surplus cash AFTER successfully closING on the acquisition"

But the PR states

"in the amount of approximately $725,000.00 leaving the Company enough surplus cash to successfully CLOSE ON the acquisition"

You forgot to calculate in accounts payable, bank fines, closing costs, salaries, operating expenses etc...

[$PennyMover]

Great info kajulie..........