| Virtual Horizons Employment Agency (VHE) News:
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2008-11-12
VHE - Restructuring IPO
Economy adjustments.....
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I will be restructuring the IPO as follows, and explain why.
300,000 shares of the 2,000,000 IPO shares willl be moved to Stock Options and the share price reduced to .25 a share.
All people who have bought shares, there accounts will be adjusted to the new share number.(x4)
The reason for this change is:
1.The Exchange markets in SL have been very slow moving lately.
2.Alot of people I have talked to are hesitant to invest in a company with a 1L IPO share price.
3.LL announcement of OS sims prices (which happened during the course of the IPO) has hit
alot of people hard in their pockets having to restructure there land holdings. Thus many are not
prepared to invest any or anymore money in the markets.
By no means an I devaluing the company, I am making alterations due to the changing economy.
Thank you,
Mystic Handrick |
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