InvestorsHub Logo
Followers 173
Posts 10850
Boards Moderated 1
Alias Born 12/08/2016

Re: None

Friday, 11/17/2017 4:21:57 PM

Friday, November 17, 2017 4:21:57 PM

Post# of 15838
My understanding on the deal with Network 1 is that they are using preferred/unrestricted shares & warrants for TVOG bitumen tankers acquisition. $25 million are being raised using Network 1’s investors, which I assume would take some time. O/S will rise when the deal is CLOSED since they are using preferred shares and warrants, but those are restricted shares, therefore, should be no threat of diluting them.

Let’s CLOSE this deal first folks!

PPS climb fast here. Will be over .01 with some positive updates and then move to QB.