Replies to post #399 on UAN Cultural & Creative Co., Ltd (Warrants) (fka G

[jermart]

All the confusion comes from the way they file all the filing are for GHBAA. The others are mentioned in the filings so if you check for filings on GHBAW you are actually getting the filings for GHBAA. Thats where the mistake came from when the claims were made that all these shares were bought up for GHBAW its a real mess.Took me forever to figure it out.

[Hanibal]

I just re-read the 10Q and, I could be wrong, but to me it does sound like the warrants were included in the split:

The exercise price and number of shares of Common Stock issuable on exercise of the Class W warrants and Class Z warrants may be adjusted in certain circumstances including in the event of a stock dividend, or our recapitalization, reorganization, merger or consolidation. Such adjustment occurred as a result of the 1 for 10 reverse split of the Company’s Common Stock effected on August 27, 2010 (the “Reverse Split”) and the number of shares of Common Stock purchasable under the Class W and Class Z warrants reduced tenfold and the exercise prices increased tenfold. However, the Class W warrants and Class Z warrants will not be adjusted for issuances of Common Stock at a price below their respective exercise prices.