what the .... is thiswhy are they giving shares away at 9 and 10 cents when the stock is trading between 15 and 17 cents,i paid 20 cents for mine
Ventripoint 5,875,726 shares for debtTicker Symbol: C:VPTVentripoint 5,875,726 shares for debtVentripoint Diagnostics Ltd (C:VPT)Shares Issued 79,624,912Last Close 5/24/2011
.16Wednesday May 25 2011 - Shares for DebtThe TSX Venture Exchange has accepted for filing Ventripoint DiagnosticsLtd.'s proposal to issue a total of 5,875,726 common shares at a deemed pricebetween nine cents and 10 cents per share in satisfaction of outstandingsalaries, debenture interest payments and consulting fees.Creditors:11Insiders:Edward Garth $9,923.67, nine cents, 110,263; Joseph Ashley $418,093,10 cents, 4,180,930; Edward Garth $57,934.70, 10 cents, 579,347; Scott Ashley$16,976.10, 10 cents, 169,761; Mary-Pierre Waiss $19,199.40, 10 cents,191,994; Danny Dalla-Longa $17,000, 10 cents, 170,000; Treuman P. Katz$16,000, 10 cents, 160,000The company shall issue a news release when the shares are issued and thedebt extinguished. 2011 Canjex Publishing Ltd.