Replies to post #19078 on SurgLine International Inc (SGLN)

[JustAnotherPenny]

Here are facts from an 8k aug 1, 2011:

CNUV will have no more than 40,000,000 shares of common stock outstanding at closing. Accordingly, following the closing of the Agreement, CNUV shall have a total of 200,000,000 shares outstanding, of which 70% of the total shares outstanding will be held by the SURGLINE Security Holders

The authorized capital stock of CNUV currently consists of 1,475,000,000 shares of $.001 par value common stock, of which 590,000,000 shares are currently outstanding
Source: 8k Aug 1 2011

so they have to get from 590,000,000 shares to 40,000,000 shares before closing. So that is around R/S of 15:1. After merger 40M will come over and Surgline will hold 140M of the new 200 Shares outstanding leaving 20M shares open.

Step by step for who needs it:

590M to 40M before Merger for current CNUV shareholders so R/S of 15:1

After Merger new Outstanding will be 200M outstanding with Surge holding 140M of the 200M, then we have Current CNUV holders of 40M shares. Total of 180Million shares, with the other 20M for preferred shares, etc. Pretty clear for readers!