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Re: insidetruth post# 77719

Tuesday, 06/06/2017 11:11:31 PM

Tuesday, June 06, 2017 11:11:31 PM

Post# of 80983
MDMN currently owns 27.5% of Auryn. Assuming that Auryn reverse mergers into CDCH (we'll rename it "Newco"), current CDCH shareholders would get 5% ownership stake in Newco that would be divided up proportionately among CDCH shareholders. Similarly, MDMN would get 27.5% of Newco and divide those shares proportionately among MDMN shareholders. AMC would get the rest and divide up those shares among AMC shareholders.

Note: The percentages would probably be a little less than those used in my example to cover whatever expenses and outstanding debts remaining.