Wednesday, April 11, 2018 11:42:39 AM
Great post!
According to previous releases GAHC has an option to buy the balance of Spanos company for 30% of the outstanding shares of GAHC. Total outstanding shares are about 650,000,000. GAHC would have to issue 19.5m for full ownership of BTC.
IMO, GAHC will wait until BTC value goes up substantially that is the advantage of an option to purchase.
With an option to purchase, you don’t have to purchase until there’s an substantial increase in value.
I hope to see a proxy soon to authorize to increase authorize shares.
19.5m to issue to BTC will be restricted, so will increase the outstanding shares but not the float.
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