Nutex Health Inc (NUTX)

[tchalla]

igmb triangular merger not good for existing shareholders as i have already tried to explain. get a clue people and read the details:

Pursuant to the LOI, iGambit shall issue newly-issued shares of common stock, on a fully-diluted pro rata basis, to the equity holders of Clinigence in exchange for 100% of the outstanding equity securities of Clinigence by means of a reverse triangular merger in which a newly formed wholly owned subsidiary of iGambit shall merge with and into Clinigence, with Clinigence continuing as the surviving corporation (the “Merger”). If the closing of the Merger occurs (the “Closing”), the former Clinigence equityholders shall own 85% of iGambit’s issued and outstanding common stock and the former iGambit equityholders shall own 15% of iGambit’s issued and outstanding common stock

do you realize what this means? it means that the os is about to skyrocket. if the current os represents 15% or the new entity and clinigence is going to own 85% of it, then the new os will have to be over 4 billion. lol a calculator would do a lot of folks good here to understand why i said that the deal is NOT free and is being done through equity exchange, because igmb has no cash to do the deal.