O/S.........7,100,000
Float.....230,000
The float is so low it really is inconsequential. No reason for a reverse as BDK Capital already owns approximately 97% of outstanding shares.
If the two projects previously mentioned on this forum are what the TCNT shell will be used for.... Those two projects in Milpitas, CA and West Covina, CA will be approximatley $500 Million.
Singpoli has access to significant net worth investors.
They could set a TCNT private placement at whatever price they choose. My thoughts are they would still keep the equity low.
Just wishful thinking, but imagine if they set their private placements for their investors at $10 per share or $20? Maybe 50 Million shares for at $10 or 25 Milion at $20. I can't imagine that Singpoli and BDK executives would purchase almost 100% of all the equity only to dilute a billion shares.
These guys seem intent on building a valid company.
It may just be very wishful thinking on my part but it is not out of the realm of possibility. Currently this is all speculative that TCNT will even be involved in these BDK & Sinpoli Projects. But it seems like a valid and legitimate possibility for TCNT to be used at the investment vehicle to move forward with these projects.
Got my fingers crossed.
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