InvestorsHub Logo
Followers 95
Posts 3767
Boards Moderated 0
Alias Born 06/14/2012

Re: Ultimate Warrior post# 1720

Tuesday, 11/01/2016 10:44:35 AM

Tuesday, November 01, 2016 10:44:35 AM

Post# of 2543
It was stated in the last filing. However, you have to think of it as a conversion price to stock, not cash. Essentially that's the amount per dollar you will have of The new company's stock. If you think it will increase in value over 12-months then hang on tight. Essentially EHSK won't sell any of the stock for 12-months minimum. So it's very possible you could be sitting on a gold mine down the road. But if nothing transpires, this deal paid out essentially .0107 because they diluted the stock with debt pay downs. GLTA

"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.