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Re: stockforce post# 16852

Sunday, 05/01/2016 7:56:37 AM

Sunday, May 01, 2016 7:56:37 AM

Post# of 21105
I know there is a 180 days lock up period started from end of November in the merger agreements. So yes I think in the end of May dillution of shares is coming. You can not have a new company for free on the other hand Pro Star Freight Systems is a healthy revenue generating company who is continualy differsifying their bussiness model and therefore you can expect several savings in fixed costs.

To be honest I don't really understand how this golden share structure affects my percentage of the company. I assume dept holders get a bigger part of the company since we own now 2 companies. Mr. Zaric because he privately owned Pro Star has probably a lion share of the golden shares but because it was privately owned I have no clue how that company in these days was financed.

In an SEC filing in 2015 stated that the building of R & D is leased until March 2016 also the Hydro Plant was successfully tested by PIMOT and UNAM. 1.5 million USD installments is part of the takeover deal.

R&D's as we all know are cash burners if my memory serves me right a number of R&D personel are external if so they can make cost cuts over a night.

2015 was a recovery year from a settlement of a pig headed/ incompetend Spanish licenceholder in 2014 who didn't follow up instructions of use from Hydrophi.

At the end of 2014 former CEO Roger Slotkin said this company has never been properly financed I believe it was at the end of the SeeThruEquity2014 presentation during the question round. Big Clix was in a technical bankrupty state when R. Slotkin bought this with own, family and friends money he has done a lot of fundraising perfectioning the technology and had a lot of retained salary. P&D you say?

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