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Tuesday, May 05, 2015 7:51:38 PM
ssc:
"like every possible positive outcome it relies on ERHC obtaining funding for the next 9 - 12 months"
tryoty:
"The only missing piece that would make this work is a positive outcome from the MOU in the EEZ"
ssc:
in the scenario you described would Offor still be able to convert at 60% which would give him 416 million new shares
Post split that would be 41.6M shares, putting Offor at 322.1M out of 541.6M shares out, or 59.5% of the company.
IMO, that a small price to pay to get this CEO wannabe off of the toxic train. Ntephe needs to be STOPPED.
People maintain anonymity for a reason and it is rarely noble.
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