RE: RE: RE: RE: RE: Good Times Ahead The Private Placement is to be announced this week. $.45 / unit - each share has one warrant with a $.53 exercise price. According to Harp, the offering is oversubscribed although those present at his informational luncheon in Chicago can get into the offering by faxing the subscription form given out at the luncheon. The company's strategy is to explore, discover and sell out the company. If the drilling planned for June is successful, another PP may be needed, however the share price would likely be much higher. The dilution looks like another 40,000,000 million shares O/S.
Polish63