Current stockholders will retain their UTOG shares and continue to trade them in US. We will receive additional shares probably on a pro-rated basis in the "NEW" european company. We will be able to trade those shares on the Frankfurt exchange. I am speculating that they have already secured private placement financing in exchange for a portion of the Frankfort shares authorized in the IPO or options on the Frankfort shares to be issued. That would explain their ability to finance continued drilling.
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