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Message: Clarifying the Financing

Clarifying the Financing

posted on Sep 17, 2009 05:14PM

As repoorted on www.marketcents.com

I exchanged emails with the company today regarding the confusion over the financing. The company tells me that that it is not in fact a unit but a straight treasury share at six cents per share.

After this financing is done, the next challenge is excersise of 10c warrants. This will fund the company with no further dilution. It also is a carrot for a major or fund to take a position at a freebie price. The stock will thin out after this is complete. With the immenent news, i believe both financing and warrant shall be swallowed whole in short order

happy trails

royrogers

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