rsi is oversold and is below lower bollinger might run EOD to form a hammer and gap up monday
Posted by trade04 on :
im looking into this one...it sounds very tempting. i want to see if these investors are planning ons elling now or later for huge gains
Posted by Duncan Idaho on :
89,759,428 shares of Common Stock,
I see no dilution.
Posted by Duncan Idaho on :
wrong, here is 1m fresh printed shares
Item 1.01 Entry into a Material Definitive Agreement
On February 22, 2007, pursuant to subscription agreements, we closed a private placement to two accredited investor for of an aggregate of 860,000 units at a price of US$1.25 per unit, for gross proceeds of US$1,075,000. The company paid $100,000 USD in fees. The units consisted of one common share and one warrant. The warrant entitles the holder to one common share upon conversion. The common shares were issued pursuant to Regulation S ("Regulation S") under the Securities Act of 1933, as amended (the "1933 Act").
The warrants have an exercise price of $1.50 for a period of two years from the closing date.
Posted by Duncan Idaho on :
smaller dilution
On December 28, 2006, pursuant to subscription agreements, we closed a private placement to two accredited investors for an aggregate of 7,500 units (30,000 shares) at a price per unit of Cdn$6.40 per unit (Cdn$1.60 per share), for total proceeds of CAD$48,000. The units consisted of three flow-through common shares and one common share. The flow-through shares entitle the shareholder to a Canadian Exploration Expense under the Income Tax Act. The company will use its best efforts to file a registration statement for the issued shares by April 30, 2007. The common shares were issued pursuant to Regulation S ("Regulation S") under the Securities Act of 1933, as amended (the "1933 Act").