Monday, December 31, 2007 4:03:42 AM
Heck, now this is just me thinking out loud as to why I think too that a reverse split will not be needed with Dovarri Inc. reverse merging into GSNH.
Since the Outstanding Shares (OS) for GSNH is 44,166,399 shares and the Authorized Shares (AS) is 150,000,000 shares, wouldn’t it make more sense simply to increase the OS by issuing about 50,000,000 or 100,000,000 shares to make the new OS to be 94,166,399 shares or 144,166,399 shares at the time of the merger consummation.
Again, now this is just me, but even with an OS of 94,166,399 shares or 144,166,399 shares, such would be an awesome share structure after the merger. Take the OS figures of 94,166,399 shares or 144,166,399 shares and replace the 44,166,139 shares within the link/post below:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25540981
That still would make GSNH worth .60 to $1.20+ per share as a minimum. This is just my opinion as to how I think the deal will probably turn out to be.
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29867262
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