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That's right, but DTGI's ownership in the NEW DTGI will only be around 30%, and we hav
e no idea if the MEOA buyers will sell out immediately for their quick profit. If they do sell out, the value of the new DTGI could drop precipitously.
"Someone on Stocktwits pointed out recently that Digerati only has 354 non-institutional investors..." The 354 means nothing, because we have no idea how many shares are held "in street name".
I am extremely pleased that I dumped this at a profit. I certainly won't buy it again.
"each share of Digerati Common Stock outstanding as of immediately prior to the Effective Time will be automatically cancelled and extinguished and converted into a right to receive shares of New Digerati Common Stock;" It does not say each share of Digerati Stock outstanding will be converted into 1 share of new Digerati stock"
"the holders of the issued and outstanding shares of Digerati Common Stock immediately prior to the completion of the Business Combination (including the issuance of up to 372,913 shares of New Digerati Common Stock to Maxim in connection with the financial advisory services that it provided to Digerati in connection with the Business Combination) will own, collectively, approximately 30.1% of the issued and outstanding shares of New Digerati Common Stock"
"This proxy statement/prospectus covers up to 6,868,080 shares of New Digerati Common Stock, which represents the maximum number of shares that may be issued to Digerati Equityholders in connection with the Business Combination (as more fully described in this proxy statement/prospectus)."
How does that convert mathematically ?
I've never really seen this theory applied to this extent before. I'm not saying you are totally wrong, just saying my 84 year old experience doesn't add up to the same thing.
This board is dead!!!!
I agree it needs no postings to push it up; I just find it unusual there is none of the usual chatter. All stock boards that have investors with shared interests as a rule have postings of some sort.
Is there no one on this board ?
This stock has potentially a very good short term increase in PPS, and there is no interest ...I just can't understand it.
Meanwhile all the boards for worthless OTC stocks being pushed and hyped to death are loaded with interest ....what gives...anyone???
To buy, or not to buy more at .285 ... that is the question.
Not true, many here are in the green, including myself. Granted ... many who entered early are in the red, but I believe they also will re-enter green territory in due time.
I hope you are right, but I am really concerned about the Senate.
If your earnings are 100,000,000 and your cost of earnings are 100,000,000, your stock is worth 0 .
My..my..my....how quickly you forget ... they want to raise the price organically.
A post that I made on the Ambassador Board on 30 Sep 2020. I suspect if we had followed this, we might be showing a bottom line by now.
"At different points during cumulative growth a growing company should temporarily stop, assimilate its gains, publish its financials, and reevaluate what it has previously considered to be it's most pressing follow-on needs. Sometimes needs change with evolution and many people have missed that and learned that the hard way.
Where are we at in our cycle? Where should we be ?"
Very sorry guys, I do have the wrong stock,
I'll tell you what they have done...they have failed to properly absorb and consolidate each expansion before continuing to the next. About two years ago, I warned them about this.
September 1999 bottom line earnings were $0.10 per share on revenue of $11.2 million. What the H--- has management done ?
Been holding long term......since .73 cents. The culprit is no bottom line ... which is ridiculous with their revenue.
Thanks.
And you know this is coming next week how ?
Right now there's no interest in this stock.. it desperately needs positive news.
Long term for me is no longer an option....at 84 I'm happy to wake up each morning. But, I continue to hold. GLTA
When is this supposed merger officially scheduled to take place ? Easy, easy... you don't all have to answer at once.
All this volume is making me dizzy. So glad I own a lot.
Not certain what to make of DTGI, but I picked up a few thousand shares today. I do find the potential merger somewhat interesting, but there's always a reason a penny stock is a penny stock, and it's usually not to benefit the stockholders.
It's felt like updates have been coming for weeks.
How do you know he's working on an RM ?
Not very exciting today...eh ! I don't believe management has a thing to say.
Let's hope this isn't just a dead cat bounce.
I'm not saying this isn't a beautiful shell, because it is. That's why I continue to hold my position.
When the Carlins were made officers of the Company it suddenly appeared to be a sure thing that a merger with a bit coin operation was imminent (the potential pump). The stock made a rapid climb in price and there was much excitement. Then unexpectedly, we went delinquent in our SEC Reporting,and pink current (not a good thing), and shortly thereafter the Carlins were dismissed (the potential dump) As of yesterday we were at near .04/share in a sudden, one day drop.
I don't have any proof of a pump and dump...it just looks like one.And yes,yes of course I'm aware of the 8K's.and what they say.
But to reiterate, I continue to hold in spite of the above..
I think this was a pump/dump all the way, created to look like a sure thing.
How so ?
These are two separate and distinctly different Companies:
VISION DIGITAL HOLDINGS INC came into being on 10 Jun 2022., registered at 10 N. NEWMAN ST STE. A JACKSONVILLE, FL 32202 . It's Document Number is P22000047981, . The state for this company is Florida. This is the company run by Scott MCALISTER.
Vision Digital Holdings Inc has been operating for 3 months, and 17 days
Vision Digital Holdings is a different Company,operating out of Nevada and dealing in Bit Coins.This is the company being run by John and Robert Carlin.
I think there is some confusion here about these companies.
Mr. McAlister may not want to share any of the potential gain to be made from a RM.
Don't really like the feel of this 8K, but will wait and see if there are further developments.
I fully understand that, but the higher the better.
Also Bitcoins not doing well right now....perhaps they will come right back.
There will be no "look out above" until we get numbers, and there will be no numbers until we get positive news.
Some news soon would be really nice.
This one looks good and sounds good...that's why we're all sitting here with tons of shares and our fingers crossed. But not one of us knows what the outcome will be with absolute certainty...that's what makes penny stocks so exciting.