Global Innovative Platforms Inc (GIPL)

[justasupporter]

Don't forget that Mr. Kevin Worth did not give us the Websites and the Revenues of Zimbali Group for free. We do have to pay for this. As a former investment banker Mr. Worth knows how to structure this type of deal. Through TCPS the Zimbali Group transforms from a private company to a public company without going through the registration process. Saves him money and time. Currently TCPS has 300 million authorized shares and 236 million of this are outstanding.
I expect the "new" TCPS (= including the Zimbali Group) to have about 1 billion authorized shares and the former Zimbali Group shareholders to be compensated with 2/3 of this. In other words of the 700 million shares close to 500 million go to Mr. Kevin Worth and his group. New Float of about 750 million shares. The remaining 250 million are authorized but not yet issued. Can be used for further acquisitions, management compensation and financing future operations.

As soon as the new share structure is updated we will know the exact numbers.