Thursday, December 31, 2015 3:58:42 AM
There has been quite a few posts recently, all of which omitted the following facts about company's recent spin out and reverse merger. Make your own judgement here
1. old company will spin out old company value to old shareholders and debt holders, who converted at $0.03 per share.
2. The merger is an extra bonus since all the old asset are distributed to old shareholders already.
3. Regardless the RS ratio, old shareholder will have 15% of the new company. (originally 8k proposal was 10%, now it becomes 15% to further benefit shareholders)
4. Company has strong connection with NASDAQ company Houghton Mifflin Harcourt Co ticker HMHC, which is one of the largest publisher in the world
https://en.wikipedia.org/wiki/Houghton_Mifflin_Harcourt
http://www.hmhco.com/country/international/hmh-international/education-curriculum/trunity
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