RED EAGLE EXPLORATION LIMITED V.XR

Mr. Capponi's shares cost .0025 cents each??

[santi69]

Someone on another website indicated Mr. Capponi bought his shares for .0025 cents. (Perhaps this was supposed to be .025?)

On 2009-05-11 his opening balance according to SEDI was 10,602,700 shares. Wow. If that price is correct he is still ahead of most shareholders.

[santi69]

I just found the original source of the information. Here is an excerpt from a streetwire article published on 2011-11-02. "Shortly after their time at Endeavour, in May, 2009, the two incorporated CB Gold. The following month they spent a total of $100,000 buying 35,005,200 shares, which works out to a little over a quarter of a cent a share, or to be exact, 0.2857 of a cent. Cheap shares