Re: Present Value

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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solyomtwo

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Re: Present Value

in response to

Re: Present Value

newtofo

posted on Mar 20, 2013 10:10PM

>Our Chairman, John Craven, is putting 1/2 million dollars from his own pocket into the AIM listing to pick up 2,357,000 additional shares for himself. It is a pretty strong show of confidence

You are right about that…. 1/2 million dollars indeed showing a lot of confidence in one’s own company.

However, I thought you would be really curious about who’s got the other 37 million shares of the offering.

Out of the 120 million shares up for grabs 40 million shares going to the Board of Directors directly or indirectly, the other 80 million goes to the MM's.

	Existing Shareholding	Placing Participation	Enlarged Shareholding	% of Enlarged Share Capital

John Craven	500,000	2,357,143	2,857,143	0.35%
Philip O'Quigley	1,000,000	513,696	1,513,696	0.19%
Gregory Smith	420,000	50,000	470,000	0.06%
David Harris	-	150,000	150,000	0.02%

Soliter Holdings Corp	85,572,277	27,237,857	112,810,134	13.80%
Persistency	49,269,484	10,035,000	59,304,484	7.26%

Well, our board of director Igor Akhmerov is behind Soliter Holdings Corp and Persistency, formerly known as Ruby Blue Ltd.