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RIGATONI

01/23/12 9:17 AM

#199656 RE: pmunch #199644

Items from my original DD call, starting to come to fruition ...



Spoke with Edwin Salmon...

Here's the quick DD,

1) new web site coming
2) 100% focused on shipping and cruise industry
3) name change
4) steady news flow 5)90% of shares accounted for as friendly
6) Float about 9 million
7)Previous debt conversion increased float from old pnk sheets number
8)Average shareholder cost is in between .10 - .12
9)No other debt conversions , no debentures or current dilution into the float
10) filings being completed and uplist to otcq
11) Previous financing in press, is in the form of a loan, hopeful to be completed in the near term. This is a straight loan with no stock tied into it.
12)8k in the works detailing the deal announced today
13)Other contracts could very well be done and announced shortly


This is my opinion of what I heard. Your own DD a must !

~Rig












~Rig