Soso, und der Mehlwurm hat mal wieder zugeschlagen ...
Da werden neue Aktien zu 0.75 EUR herausgegeben und wir stehen mal wieder bei 1.55 EUR !
Frick, du Sau, für wie blöd hälst du uns ?
Stock Purchase Agreement relating to Volga-Neft Limited Company
On October 6, 2006, Star Energy Corporation (“Star”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with Volga-Neft Limited Company, a corporation formed under the laws of the Russian Federation, Samara Region, Privolzhsky (“Volga”), and the two shareholders of Volga, who were Dzhalovyan Artiir Andreasovich and Dubrovskaya Olga AmUofyevna. Pursuant to the Stock Purchase Agreement, Star acquired Volga at a closing held on the same date by purchasing from Volga’s shareholders all of their respective shares of Volga’s common stock, which represented 100% of the issued and share capital of Volga. In consideration therefor, Star will deliver to Volga’s shareholders an aggregate of 10,000,000 shares of Star’s common stock. Such issuance represents 26.1% of the issued and outstanding shares of Star. As a result of the closing, Volga has become a wholly owned subsidiary of Star.
Pursuant to the Stock Purchase Agreement, Star further agreed to commence, as soon as practicable, a private placement of units, each unit consisting of one share of common stock and one warrant entitling the holder thereof to purchase one share of common stock for $2.00, expiring three years after the date thereof. The minimum number of units offered for sale shall be 1,000,000 units, and the maximum number of units offered for sale shall be 5,000,000 units. The purchase price of each unit shall be $1.00. The offer and sale of such units shall be made to accredited investors pursuant to a private placement in accordance with Rule 506 promulgated under the Securities Act. The private placement of the units shall be completed no later than 90 days after the date of the closing of the Stock Purchase Agreement.
|