Northrich Pacific Ventures NPA:V Message Board

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Gold/Mining/Energy : Northrich Pacific Ventures NPA:V

NPA 111.21

-8.9%

Jan 30 4:00 PM EST

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To: john mcknight who wrote (7080)	2/12/1998 3:25:00 PM
From: dave herbert	Read Replies (1) of 7431

Greetings John What if the persons on SI that hold shares were to form a private hlg co or 2 then after the consolidation each one bought up an amount of shares equal to there present hldgs @ say 10 cents IE if you owned 10000 now after the consolidation you would have 2000 then invested another $1000 buing another 10000.For ease of figuring i will say we wind up with 1mil shares now giving us 200000 after consolidation then we colectivly pick up another 1 mil of the new shares at .10 we now have 1.2 mil of the 2.8 mil outstanding over 30%.As most of the shares are privately held 70& or so the SI group would hold over 40% of the new co.

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