Paradigm Oil & Gas, Inc.: announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

20 June 2008capital raising announcement▼ Bad

On June 19, 2008 the company converted $62,700 of shareholder loans into 20,900,000 common shares (Regulation S), which the filing says funded working capital. This increases the share count for existing holders.

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