EXPM:MXMSF - Post by User
Post by
SRT10on Jul 18, 2010 11:07pm
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Post# 17277980
a little humour for Sun.
a little humour for Sun.here is an excerpt from a post from the IR dept from April 28, 2009
You(srt10) are a waste of time. Let us get on with building a company.
yep 6 days later the company was issued a cease trade order. At that time we lost the working interest agreement and ended up with a profit sharing agreement which I invite you to see how much profit there has been to share.
Now Colins' idea of building a company involves a 4 for 1 roll back , 5 mil. shares issued at a pre-consolidation price of 5 cents with a half warrant exercisable @ .075 (2 warrants) , how does that feel to the guys that bought that 100% over subscribed .18 share and full warrants (how was that money going to be spent?).
So the question you have to ask yourself is how is the 11.6 mil. going to get in the coffers and at what cost?