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Post by Franko10 ™ on Jan 10, 2008 10:32:32 GMT -5
Casavant Mining Kimberlite International Announces Retirement of 1.8 Billion Shares
- PR Newswire
LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.
LAS VEGAS, Oct 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 4.4 billion shares for a total 13,420,371,427
One thing that always had me scratching my head was this retirement thing back to the treasury,,..
Now looking at these press releases I as well am confused if the first one states we retired 13,420,337,427 and then plus 16 billion or if the total was 16 billion... As well I am curious if they did in fact retire them,.. what would it have looked like on the shareholder listing,.. would it have in fact shown,.. and if it did,. and or didn;t,.. at the end of the shareholder list it basically shows all shares outstanding,.. Did they reissue those same shares?
I know alot of questions,.. but this is one thing that has always bugged me and I never felt I truly understood...
- PR Newswire
LAS VEGAS, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has officially retired 16,520,477,200 shares of CMKM stock back to the Treasury.
LAS VEGAS, Oct 20, 2003 /PRNewswire-FirstCall via COMTEX/ -- Urban Casavant, President of Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has approved the retirement of another 4.4 billion shares for a total 13,420,371,427
One thing that always had me scratching my head was this retirement thing back to the treasury,,..
Now looking at these press releases I as well am confused if the first one states we retired 13,420,337,427 and then plus 16 billion or if the total was 16 billion... As well I am curious if they did in fact retire them,.. what would it have looked like on the shareholder listing,.. would it have in fact shown,.. and if it did,. and or didn;t,.. at the end of the shareholder list it basically shows all shares outstanding,.. Did they reissue those same shares?
I know alot of questions,.. but this is one thing that has always bugged me and I never felt I truly understood...
