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Re: 2434nate post# 7074

Thursday, 01/26/2017 3:34:20 AM

Thursday, January 26, 2017 3:34:20 AM

Post# of 8579
Good middle of the night, 2434Nate,
The simple answer to your question is no, namely that all shareholders are treated alike, and you can stop here if you'd like.

The more complex answer would have these components:
1. If the buyout were to be effected via shares of stock in a new company, some people who would otherwise get fractional shares would get cash for a piece of their holdings.
2. What's going on with VHUB is phrased in the 8K as a purchase of company assets. This would leave VHUB with a pile of cash at the end, and just about nothing else after paying whatever bills there are, and the expectation is that the pile of cash would be distributed on a pro rata basis to shareholders.
3. There's been speculation in this thread that in the end there will be a "reverse buyout" in which PLY will be taken public (it's currently a limited liability company, or LLC) via absorbing itself into VHUB, and this gets sufficiently complicated that I don't feel really qualified to go down this road before I go back to sleep. The irony is that the reverse buyout stratagem is how VHUB got started, as the VHUB people found their way into the shell of Dog Inn.
4. There's also been speculation in this thread that, given per the 8K that there's some sort of consulting relationship between executive management of VHUB and PLY, it's already happening that VHUB executives are getting preferential treatment over ordinary shareholders. However, in regard to what happens with VHUB shares themselves, it's not as likely that the major shareholders would be treated better than the ordinary folks.

Hope this helps, though I'm sure that I've oversimplified in part and probably omitted a lot - but you'll learn that this is a really well-functioning thread, and folks will chime in to improve upon what I've written here.