Tuesday, November 06, 2018 12:39:12 PM
As John said in the shareholder conference call: "I do not care about Pulse Evolutions stock price. I am the CEO of Recall Studios."
So, putting this into perspective to all of us owning large shares in pulse evolution: The higher the recall price on buyout, the less BTOP shares we receive after the offer is finalized.
Example: I own 1M shares in Pulse. I am bought out at $1.38. My buyout price is $1,380,000.00. If Recall is at .30 cents, that would give me 4,600,000 shares of Recall stock
The other end of that is: if Recall is at .50 a share, I would only have $2,760,000.00 shares.
So where this comes into play, is after the reverse stock split, and uplisting, every share left, it a valueable share and of course, makes a huge difference in our (the pulse shareholders) portfolio.
Food for thought.
Let's hope the recall price stays low until after we're bought out.
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