InvestorsHub Logo
Followers 25
Posts 917
Boards Moderated 0
Alias Born 04/13/2014

Re: kaisdaboss88 post# 13462

Monday, 09/04/2017 9:34:11 AM

Monday, September 04, 2017 9:34:11 AM

Post# of 19879
In my opinion I think it means that Ambicom is getting in arrangement the 1 billion shares to buy voosh, overtime and based on revenues brought in. I asked Alain, ambicoms CEO, about this and it is my understanding that they are not going to be increasing the A/S. the interesting thing is that Kevin Cornell, Vooshtech CEO already has 30% ownership of Ambicom, about 800 million shares. So that plus his new billion Kevin Cornell will own 1.8 billion of the 2.7 billion A/S. this is great for shareholders in the sense that the share structure is decreasing significantly and into strong hands.
Join InvestorsHub

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.