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Paulie is right...states only preferred shareholders get KOAN stock
Yuppers
Probably be the 20th..they want to get KOAN and Apollo settled first.
Looks like a roller coaster
I got out of this stock 90% down last year. I believe Steve needs arrested and everyone on the board. All they do is dilute the cs and hurt the cs holder. With all is pumping propaganda out there...should be illegal.
When moon..I wanna take a big profit out and buy crypto..lol.. all jokes aside..anxiously waiting what this week brings.
Its at .0024..up 60% now
Thank you PB
My biggest question is still the r/s. Do they still plan on doing the r/s? It's mentioned twice. And the hopeful share exchange ratio..will it be now or after the r/s if it does happen. Because if we get the share of 1 to 1 now..that be awesome..but not so much after the r/s. Not trying to be a basher..just trying to be grounded and understanding what's happening or could potentially happen.
Here's another
Subsection 368(a)(2)(E) Reorganizations – The Reverse Triangular Merger
Finally, the third merger variation is the “reverse triangular merger” under subsection 368(a)(2)(E). In this variation, the acquiring corporation merges its own subsidiary with the target company, leaving the target company as the surviving entity. As with the forward merger, this variation also allows the acquiring corporation to be insulated from the target company’s liabilities, but it comes with the added benefit of preserving all non-transferable assets of the target company. By contrast, sometimes, in forward triangular mergers, certain non-transferable assets of the target company may be lost as it is absorbed by the subsidiary of the acquiring corporation.
Importantly, in a reverse merger, at least 80% of the total consideration paid to the target company must take the form of acquirer voting common or preferred stock.
Again, it’s not at all difficult to see why corporations must utilize the services of an experienced and qualify tax attorney to navigate through these transactions. Understanding and complying with all these rules and regulations are not easy tasks, so it’s in your best interest to hire experienced counsel to help you with Sec. 368 reorganizations. A NYC tax attorney at Mackay, Caswell & Callahan, P.C., has a wealth of expertise with these and other types of transactions. Don’t hesitate to contact us if you need assistance!
Found a good article covers the basis of what everyone is talking about.
https://www.investopedia.com/articles/stocks/08/reverse-merger.asp
Selling off
Yep..only have cs.
Only thing state was a 5000 to 1 reverse split..only people getting any benefit as of now are the preferred share holders. Nothing stated for common shareholders. It with the triangular merger..I don't fully understand how it all pans out.
Love it
14C filed by Koan
What would be pps for both scenario's
Koan has no accumulation today...flatlined..news will be out soon
People who believes...let there be a ride to enjoy up
Thank you PB for the clarification..Just making sure
The SHARE EXCHANGE AGREEMENT is amended as follows,
The Class F Preferred Stock of EMGE, are hereby removed and are not a party to the Agreement. Any future issuance of securities to the Class F Preferred Stock of EMGE, shall work to reduce the 93% of the filly diluted shares available to the EMGE Parties.
All other terms and conditions as set forth in the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed as of the date first written above, and the corporate Parties have caused this Amendment to be executed...
What does work to reduce the 93% of common shares? Is it through an r/s or converted into KOAN? Just asking because I truly don't understand
Is KOAN's share structure as in A/S and O/S similar to EMGE?
Gives ya 7 million reasons
EMGE should be mirroring KOAN.
KOAN is up
I can see dollar land if pr hits it out of the park
Potential dollar land or more in the future without a r/s?
Speaking of pharma zu...anything on that and money going back to emge shareholders?
How does the merger effect the common shares of both companies?
So shares will go to .035?
Think if they were to do a rs it would have been on or by that date. The current shares are the same and never changed.
So will there be a RS with the name change? Or will shares stay the sams.
How do we follow you?
You all have a discord to follow?
If things kick off the way its suppose to..predictions on where this stock can launch?
I agree with you...it could even sail even more if the ipo takes off.
People frecked out over the potential rs..luckily i stayed in at a higher price than now