Company sells 55 million shares at $0.002 to Michael Johnson in deal
By Devika Patel
Knoxville, Tenn., Dec. 31 - Blue Sky Petroleum Inc. completed a $110,000 private placement of stock with Michael Johnson on Dec. 27, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold 55 million common shares at $0.002 per share.
The oil and gas company is based in Reno, Nev.
Issuer: | Blue Sky Petroleum Inc.
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Issue: | Common stock
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Amount: | $110,000
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Shares: | 55 million
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Price: | $0.002
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Warrants: | No
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Investor: | Michael Johnson
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Settlement date: | Dec. 27
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Stock symbol: | OTCBB: BSKY
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