Followers | 105 |
Posts | 20514 |
Boards Moderated | 1 |
Alias Born | 06/30/2012 |
Friday, October 18, 2019 3:15:37 PM
If this raise goes through at say 50M shares at 50 cents (prolly real close), Titan gets $25M in cash BUT whomever participates gets ownership of 50M shares out of what would be ~84-86M o/s. They would have voting control, no ? Isn't it likely that happens and Mgt is voted out OR do they NOT do the raise and try to sell it outright ?
**This scenario wouldn't even include having them exercise a single warrant of which they would get 50M of those as well. Am I missing something ? Would they not do the raise if it is just 1 interested party ?
- Lawsuits have no merit if there are no damages
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM