Warrants getting exercised plus some options
On April 15, 2009 the Company issued a Secured Promissory Note to SC Stormont Holdings Inc., with an initial advance of principal in the amount of $23,000. On April 30, 2009 SC Stormont Holdings advanced an additional $4,375 under the April 15, 2009 Secured Promissory Note. Interest accrues at a monthly rate of one percent (1%) compounded monthly and accruing to maturity.
On May 7, 2009, 120,000 warrants were exercised at a price of $0.165 per share for cash proceeds of $19,800.
From May 11 to May 15, 2009, 240,000 options were exercised at a prices ranging from $0.15 to $0.16 per share for cash proceeds of $37,000.
On May 15, 2009,
PS The results for trails are not even out so how would you know.Stormont holds 39% of Gap and has pretty much funding the company for years so you think he won't fund it MORE
Canadian Government owns like 10% of Gap
YA I know everybody BASH get some cheap shares
PS Maybe we should turn CD board tooo BASH AND TRASH too get cheap shares another SH |
