Post by
siempre33 on Jul 24, 2009 6:40am
Dia Bras share structure a disaster
posted by goldmaple....
From Dia Bras website with a date of July 29th.
Common shares: 305,367,360
Warrants outstanding: 193,866,091
Options outstanding: 9,590,000
Fully diluted: 508,793,451 common shares
I'd say that DIB will get rolled back 1 for 10. That would leave EXM shareholders prior to the merge with squat for shares. If a guy had 100,000 of EXM he's now going to have 22,000 DIB. Do a 1 for 10 rollback and he's down to 2200 shares. What a disaster.....
Comment by
revelation182 on Jul 24, 2009 9:25pm
The interesting part !The wording of the far- fetched news releases ..IMOSomething Ron Mac Donald could dream up !!Yours trulyRevelation