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Re: chemist72 post# 7604

Tuesday, 08/07/2018 2:21:08 PM

Tuesday, August 07, 2018 2:21:08 PM

Post# of 8795
Thanks for extending the thinking process on this possibility, Chemist. It really would be rather amazing to suddenly have an acquisition with PIOE not further diluted by the process.

One might ask, well what's in it for RCP Advisors to let PIOE enjoy this form of "largesse," but we can always remember that RCP owns 49.5% of PIOE shares.

There's also the possibility that some of those extra available (not yet created) authorized PIOE shares could be used as part of any acquisition.... Recall what's at the bottom of Page 1 of the recent shareholder letter:

"110,000,000 Common Shares Authorized
89,411,175 Shares Issued and 89,234,816 Shares Outstanding
As of July 31st, 2018
"

So that's just over 21M shares they could conceivably use in an acquisition. Yeah, it would be dilutive, but we might get a lot more revenue and earnings growth out of it.....


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