DING DING DING - finally something posted right!
Post# of 4018
Posted On: 08/19/2012 10:07:08 PM
DING DING DING - finally something posted right!
SIRG was buying its 80% of the Chloride Copper mine from Medina Property LLC so of course they gave Medina Property LLC SIRG shares in lieu of cash! Medina then sold some of their shares to Black Diamond Realty and 5277 partners in an Asset Purchase Agreement. SIRG also paid for the shell using SIRG shares.
It is not known what price 5277 paid for the shares post split but it was likely based on the open market pps with a discount.
Again - it is nobody's business what Rod paid for his shares!
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