Nexus Energy Services Inc (IBGR)

[peterpeter]

What TODAY'S SHARE REDUCTION NEWS MEANS for INVESTORS!!!

So I put the PR with the current share structure, so we can easily see what is happening to the share structure...

First... the OUTSTANDING SHARES are decreasing by more than 50%!!
Therefore the MARKET CAP is decreasing from 5.6 million dollars to 2.1 million dollars!

Second, the 150 million shares are now going to be a class of PREFERRED SHARES, that will be used to acquire the REAL ESTATE assets, and make them a PUBLIC COMPANY

So, let's assume the Real Estate project acquired is worth 21 million dollars! Likely it will be worth more, but let's just use 21 million now to work through this scenario...

So, now the MARKET CAP of the company will instantly be worth 21 million dollars or more.. but we will use 21 million dollars.. Remember, the assets are acquired with PREFERRED SHARES representing 150 million shares, that are not free trading shares, and are not in the outstanding trading shares..

Ok, I hope everyone is following me... Well, right now, the market cap at .0159 is 2.1 million dollars, but following the acquisition the market cap will be 21 million dollars or 900% more than the market cap now... So you multiply the .0159 share price x 9 = .1431/share. Now multiply .1431 x 140,342,956 shares and the new market cap of the company = $20,083,077.00

Folks, VALUE is created every day with mergers like this, and having George Sharp on the team, gives me the confidence to just buy and hold and wait for it to happen!

~ Drugdoctor




https://www.otcmarkets.com/stock/IBGR/news/Nexus-Energy-Reduces-OS-and-AS-After-CEO-Returns-150-Million-Shares-to-Treasury?id=215033

Nexus Energy Reduces O/S and A/S After CEO Returns 150 Million Shares to Treasury Press Release | 01/09/2019

$IBGR