I think I need to revise a previous - RENU Renuen Corp.

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Renuen Corp. RENU

Posted On: 05/21/2012 12:35:40 PM

Post# of 716

Posted By: finishsuper

I think I need to revise a previous post from today:

Post 263 showed Mr. Scott to have 31M shares. Just found this to be added in:

http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8110042

NOTE H – RELATED PARTY TRANSACTIONS

During the quarter ended June 30, 2011 the Company issued 70,000,000 shares to a individual for services. These shares were valued in the amount of $825,800. The same individual has purchased 31,916,000 shares from existing shareholders in a private transaction. These transactions have resulted in a change of control to the individual.

So, by the math 70M = $825k-.0118/share

Total shares then would be 101,916,000 and each tick of the PPS would result in +/- $10,191.60

So, yes..... I think the PPS matters.

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