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NORTH LAND

05/10/13 9:36 AM

#5280 RE: etcetera #5278

Holy Chit! IRIS will explode !
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mplscubfan

05/10/13 10:00 AM

#5299 RE: etcetera #5278

.0073 x .0075 now. Penny break imminent.
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mplscubfan

05/10/13 10:00 AM

#5300 RE: etcetera #5278

.0073 x .0075 now. Penny break imminent.
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AliAngel

05/10/13 10:02 AM

#5304 RE: etcetera #5278

I am borrowing your research ehre now and spreading this onto skype yahoo and other sites today.

"Tradeable" public float for DMPD = under 10 million shares!

The 8k says DM Products is giving Iris 96.75% of the outstanding shares.

DMPD Security Details
Share Structure
Market Value1..........$612,678 a/o May 08, 2013
Shares Outstanding......306,339,011 a/o May 08, 2013
Float...................124,487,594 a/o May 08, 2013
Authorized Shares....400,000,000 a/o May 08, 2013
Par Value 0.001
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Kimber1911

05/10/13 10:38 AM

#5334 RE: etcetera #5278

Pretty easy to see why this one is going up! good for you guys, congrats!
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The Rainmaker

05/10/13 1:08 PM

#5442 RE: etcetera #5278

They issue new shares, 96% IS WHAT NEW GUYS GET....You have 300 million shares o/s, that means they issue another 11billion 700 thousand shares to the merger people. 12 billion shares, 11.7 billion is 96% of new shares o/s...of course they will do a massive reverse split also, only an idiot leaves their company with 12 billion shares.

The 8k says DM Products is giving Iris 96.75% of the outstanding shares.

DMPD Security Details
Share Structure
Market Value1..........$612,678 a/o May 08, 2013
Shares Outstanding......306,339,011 a/o May 08, 2013
Float...................124,487,594 a/o May 08, 2013
Authorized Shares....400,000,000 a/o May 08, 2013
Par Value 0.001


They cant give them 96% of shares currently outstanding other people already own those shares, they always issue new shares for a merger...96% new shares on a stock with 300m equals 11.7 billion new shares. This is a horrible deal, 96/4 split, shareholders here get raped and only end up with 4% of the new company.
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onemessageonly

05/13/13 12:26 AM

#5574 RE: etcetera #5278

? They have to issue shares. Per the last 10k...:



http://cmp.ly/6/vQE0Na

Your float calculations are erroneous..be it false. Your only positive outcome is the issuance of preferred shares for the acquisition. If so...good to go.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date. 273,339,011 as of March 20, 2013

http://cmp.ly/6/vQE0Na


Shares Outstanding 306,339,011 a/o May 08, 2013

http://cmp.ly/6/vkHs33

If management gives them all of their shares..it does not equate to 96.75% of the company's shares.... per mention... Iris Corporation Berhad for the purchase of certain assets in exchange for 96.75% of the outstanding stock of DM Products.



Not saying it is a false play..just that information available should be applied to such. If I am incorrect here...please show such.

http://disclosur.es/7BCpJT