NiSource Inc T.NI

Primary Symbol: NI

Utilities Utilities - Diversified

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.

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NiSource Inc

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Comment by Kahn123on Nov 06, 2014 12:13pm

144 Views

Post# 23102343

RE:RE:RE:Corazon deal in plain english

If the shares are worth less than 0.01 so what!.

IF Corazon actually makes a go of this they will be worth much more. When you factor the covertion of all the other points in the agreement, NI could be sitting on over 100 m shares. Just think, if Corazon putters along and makes a go of it and gets some financing, the shares could easily reach 0.10 on just getting approval to mine.

100m x 0.1 = 10 m worth of shares. AND Corazon does all the work!!!

Good deal if you ask me.

Sit and wait, see what happens, its costing us nothing but we have huge upside potenetial.

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