Resolution 2 was the issuing of 27M Soarcoins for the payment of...

Resolution 2 was the issuing of 27M Soarcoins for the payment of overdue wages, valued at 1.6c/coin.

Resolution 6,7,8 were the issuing of 830M shares split between the three directors. This was a one off discretionary bonus for 'turning the company around'. Essentially, for signing the Soarlabs deal, as the company assets had increased by 12-14M; this increase is due to the soarcoins they held, fluctuating in value based on discount value and the number the had left (they were disposing of soarcoins throughout the last 6 odd months).

They had 15 months to issue these shares, the price of these shares is whatever the market price is at the time of issue, so therefore, 0.009 whilst in suspension.

I hope the deal with Noetic Synergy proves to be better than Soarlabs and wish BPG will give some positive news upon coming out of suspension. Name/Brand of exchange would be nice, stir up some interest.

Cheers
MSN