Replies to post #5491 on New Asia Holdings Inc. (NAHD)

[luvpink]

took a small loss here thought i would catch a bounce @ .005 , dont get why u rained on this parade though , it was @ hod when u should up , it is what it is I guess

[GreyGoose_69]

Where do you get 11.7 Billion? That number is imaginary and exists in no filings, forms, etc.

[$tockJunkie]

3.25% of a company that has a $268 million market cap sounds like $8.71 million to me. One should take into account Iris is a company that does $400,000,000+ revenue a year. The question becomes what is the true public float here? The way it moves it's undoubtedly less than the 124 million listed on OTC markets.

[TheFinalCD]

Item 8.01 Other Events

On May 5, 2013, the Company entered into a non-binding Letter of Intent with Iris Corporation Berhad for the purchase of certain assets in exchange for 96.75% of the outstanding stock of DM Products. Both parties to the transaction acknowledge that the Letter of Intent does not contain all matters upon which a Definitive Agreement (“Agreement”) must be reached. Further, the obligations of the Parties to consummate the Agreement are subject to the negotiations and execution of the Agreement in form and substance satisfactory to all Parties and their respective counsel and further due diligence analysis.

Does the 8-K NOT say that DMPD entered into an LOI for exchanging 96.75% of their outstanding stock (Shares Outstanding 306,339,011 a/o May 08, 2013) to purchase assets from Iris Corporation Berhad?

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9278587

so who has 11.7B shares and please show how your calculating them somehow into this 8-K?

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