Wednesday, April 03, 2019 11:04:31 AM
3 different Cusip numbers. It was already stated J105 would not be accepted...
So lets say you have 400 million J105 shares left after 30 Billion Split and R/S is that a 99% share reduction ?
What if the J105 shares are stated in a 2011 quarterly as having a .01-.02 pps. Is that $ .99- 1.98 per share ?
Now 30 Billion / 333 does = 90,090,090 @ what .033. I only find that 52 billion ENTI have ever been bought or sold so at 50/50 that is 26 Billion. You need 30 Billion. I did notice that it does look as those 4-4.5 Billion ABVG have been Merged out and a Write off was taken. ABVG was once SREH and the sister holding company for ENTI.
The catch though...would be a 30.5 Billion total. So the J105 shares would have to be over sold as you can only go over 1/2 of 1% of the authorized. 30 Billion being authorized. 150,000,000 you can go over. I get 400,000,000 maybe more. Now if we are talking J105 shares as Class A ENTI shares. There were only 11 million of those authorized. But then 90,090,090 isn't the 99.9 million needed either...
Good thing they operate the 5% held by the outstanding share count ...
Should be a Hoot...
I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...every thing I say is of my opinion. I'm not a good place to get investment advise...
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