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by Stockwatch Business Reporter

The TSX Venture Exchange fell 12.29 points to 667.09 Monday. Robert Munro and Marc Lavine's capital pool shell, the halted Chrysalis Capital IX Corp. (NYN), will soon close its acquisition of Michael Dalsin and Roger Greene's Inspira Financial Inc. Chrysalis recently submitted its filing statement, providing details about the transaction, and it has received conditional approval from the exchange to close the deal.

Chrysalis will roll back 1:1.765, leaving it with 6,142,210 postconsolidated shares, and then issue 313,911,541 postconsolidated shares to the shareholders of Inspira, after which Chrysalis will change its name to Inspira Financial Inc. and trade under the ticker symbol LND, meant to be said as "lend." The securityholders of the new company will also control a total of 200,771,824 warrants as well as options to acquire 32,039,309 shares, which adds up to a mammoth-sized float of 552,864,884 shares fully diluted.

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