Saturday, March 13, 2021 2:16:34 PM
200,000,000 / 7.7b rshn shares = .026 grps shares per rshn share.
1m RSHN at .002 = $2,000
25,758 GRPS at .078 = $2,009
All RSHN holders become grps holders at the rshn value they had at .002. No need to issue those shares to the rest of the public which would hurt existing grps holders. I'm sure grps peeps would balk at the dilution, but then the shareholder base would be all together and more strongly held. The only ones with massive shares will be market makers and Daniel, and Daniel is on our team ha ha.
The only other options would be to use 1-a proceeds for the acquisition but then its not guaranteed that they will raise the money. I would like to maybe see the companies each do their own 1-A.
Otherwise, in my opinion, doc needs to find a way to keep RSHN under GRPS' wing and give it some specific mission (such as a beverage co and/distribution arm) without any share structure change.
Just thinking!
Go RSHN!
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