Grifco Inc (GFCI)

[cyofish]

Well what if on a "FVF" basis the compaines determined that GFCI is fairly valued at $0.20/share. Since TTII is a 1:1 swap at $1.20, would this mean GFCI shareholders will get 1 share of the new entity UERI for every 6 shares of Grifco. Would that be fair and equitable?

It is highly probable that anything short of GFCI/share valuation being $1.20, the value of TTII shares, the swap value of GFCI stock for new entity can be > 1.

That's the whole problem with the wording.