TheGlobe.com Inc (TGLO)

[Uncleteddy]

So your saying a 1:10 RS then issuing more shares (ie dilution)
So they are going to dilute their 312million position?

What’s the difference between doing that and selling a portion of their shares? Answer- There is none.

How do they raise capitol- reverse merge and use shares a collateral to secure bank loans.

For example ($ figures for ease of comprehension)
Loan
1million dollar loan at 10% per annum and use shares as collateral to secure your loan. It’s cost you $100,000/yr

Issuing 1 million shares and your share price goes from 1 dollar to 2 dollars in that year then it indirectly could cost you $1,000,000 plus dilution of what they currently own in the company.

So you could have a 10year loan that cost the same as issuing 1million shares and less ownership in the company
The will be operational in 2022(4 years) and easily pay back a loan once operational.