Energy Fuels Inc (UUUU)

[losing money here]

Here is the link to the merger information from 2013!

http://www.energyfuels.com/news-pr/energy-fuels-announces-shareholder-approval-of-acquisition-of-strathmore-minerals-corp/


The exchange ratio is what makes an investor lose big time on a company buying a different company. Just make up a number of shares that you would have bought of Strathmore, lets say 500 shares at 4 dollars. Okay, You do the math:

"Strathmore shareholders will receive 1.47 common shares of Energy Fuels for each common share of Strathmore held (the “Exchange Ratio”), resulting in the shareholders of Strathmore owning approximately 21% of the issued and outstanding shares of Energy Fuels upon completion of the Transaction based on Energy Fuels’ current common shares outstanding.

Energy Fuels and Strathmore will host a joint conference call on Thursday, June 20, 2013 at 4:30pm ET to discuss the Transaction and its related benefits to both Energy Fuels and Strathmore shareholders. Details for the conference call are forthcoming, and will be posted to the Energy Fuels and Strathmore websites (www.energyfuels.com and www.strathmoreminerals.com), when available."

Okay, so 500 shares at 1.47 equals 735. Well then UUUU enjoys a 1:50 reverse split and now you have 14.7 shares. 14 shares at 1.90 equals less than 30 dollars. So in this example $2,000 becomes less than 30 dollars. There you have your investing lesson for the day! After all, I am Losing Money Here!