Replies to post #6709 on Cross Border Resources, Inc. (XBOR)

[boomer23]

Ed...this may answer your question.

"On January 28, 2013, pursuant to privately negotiated transactions, Red Mountain Resources, Inc. (the “Company”) acquired 5,091,210 shares of common stock of Cross Border Resources, Inc. (“Cross Border”) from a limited number of stockholders of Cross Border in exchange for the issuance of 10,182,420 shares of the Company’s common stock, bringing the Company’s total ownership to approximately 77.9% of the outstanding Cross Border common stock."