MOL Global, Inc. (fka MOLGY)

[letitride168]

I contacted my broker on September 15 and was told that I missed MOLG's deadline (8/31/2017) to covert my shares to private shares of MOLG.

I was told that since I missed the 8/31 deadline. I'm down to one option which is at some point that MOLG will sell my shares to the open market. My broker was not able to the day that my shares will be sold or the meaning of selling my shares to the open market.

I hope that I'm going to get screw twice. I posted earlier they sold 20% of the MOLG to Razord in June 2017 for 20MM. This means that they valued MOLG at 100MM.

100MM divided by 65MM outstanding shares equals to $1.54 per share. I thought they would buy back at anywhere close to the true value of MOLG.

If you haven't contacted your broker before 8/31, then you are stuck with one option as well. You and I will be at the mercy of MOLG mgmt.