Some thoughts about PanAm ownership.
Not only changing the percentage ownership of PanAm to anything less than 100% wouldn't benefit Bob in any way, but it would financially hurt him, in fact.
Bob and Sharon are the two people who own both companies, and are hence entitled to the profits. There is absolutely no difference if those profits will come to them from PanAm side or CWRN side, they get them either way. So why invent anything? In fact, messing with PanAm ownership would very negatively be reflected upon CWRN PPS. Does anyone remember how many restricted CWRN control shares Bob and Sharon own right now? Over two billion shares, was it? So, around $60,000,000 worth of shares at today's PPS. The shares are of CWRN, not PanAm.
Now, big theorists here claim that Bob would do something that would not increase his company-generated profits in any way, yet would at the same time effectively lose him sixty million dollars worth of controlling interest? Does that sound logical? Or, perhaps, he is better off not changing anything, keeping PanAm as a wholly-owned subsidiary, keeping all the profits, and keeping the sixty million dollar stake in the company?
Of course, as PPS goes up, and buyback goes on, there will no longer be a need in maintaining so many restricted shares out there. Retiring 1B shares at $0.06 PPS will retain equal controlling interest in dollar amount. When we are at $0.15 per share, he could effectively hold only 400M controlling shares, and still have $60M stake in the company. Does that sound like a better plan? A plan that allows him to retain the controlling interest, while allowing the PPS to grow, and while letting the company that bears his name to develop and eventually up-list... I certainly think so.
Put the silly speculation to rest already.
This post is my personal opinion. I do not provide investment advice.
