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Re: jsmoov post# 1543

Tuesday, 06/20/2017 11:57:30 AM

Tuesday, June 20, 2017 11:57:30 AM

Post# of 33157
Those details are usually in the merger document. BDCI is none reporting so majority holders will vote and approve the transaction, although everyone would be notified.

Like most deals that take a similar path the exchange rate is based on the closing bid price of the last 5-10 trading days prior to the exchange.

I would see no reason why this wouldn't be the same.

BDCI holders have an option exchange or do not exchange.

Exchange gives BDCI holders the ability to be in a fully reporting company that can move up to the QB.

So there are a lot of positives.