Replies to post #22273 on Nexus Energy Services Inc (IBGR)

[EarnestDD]

Thats a reasonable summation right from PHAR's financials. 20.8 Million shares will become unrestricted on Feb. 3, 2012. jmo

• On February 3, 2011 a total of 40 million shares of restricted common stock bearing 144 legends were issued to PATB, LLC for business and consulting services that were provided to the Company per consulting arrangements and agreements. 19.2 million of these shares were later cancelled and returned to treasury by mutual agreement between the parties.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=70758