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Re: None

Thursday, 04/05/2018 12:44:06 AM

Thursday, April 05, 2018 12:44:06 AM

Post# of 51547
Like I said I strongly suspect that Delfin, some how and quietly, has already acquired up to 85% of the total outstanding....and leaving just 10% freely traded for the public, while Egan is holding the other 5%. Daily trading average volumes since January definitely supporting this. Most R/M deals ended up with the private company owning 80% - 90% of the shell company, thus not requiring a reverse split or increasing the total authorized shares for dilutions. I think this is a pure and direct R/M play.

TGLO has the prefect share capital structure here for immediate uplisting.

No R/S, it will be just 1:1 in exchange for delfin shares. This means every share you own right now will be worth $2 right after the completion of R/M and asset consolidations. Whatever assets Delfin put into the shell will need to meet $2/share minimum, listing standard requirement for Nasdaq.

Nice read here if you are interested in R/M: http://www.clm.com/publication.cfm?ID=24