What a deal for the purchaser and the broker.
The purchaser gets the shares at a cost of $.005 (when you considering the value of the pre-consolidation shares).
The broker gets "... cash finder’s fees of 9% and 9% finder’s warrants, at an exercise price of $.15 for a period of 3 years..." I thought it was usually one or the other not both.
I like maxvalue's hopes for $1.00/share but then I remember that price equals a value of only $.10/share (based on the old share structure). However, at this point, I will gladly take that amount and chalk this one one as a (costly) learning experience.
- panamax