Sunday, June 13, 2021 12:50:47 AM
https://www.otcmarkets.com/stock/CNGT/security
It was updated Friday and just wanted to share the information with the CNGT share holders.
The share structure for CNGT is a thing of beauty compared to most OTC companies. Dilution (in the negative sense) doesn't apply to this equity at this particular stage. I understand the 2M increase which should be expected as the reorganization takes shape. It should also be understood that it's important for companies at this level to recognize opportunity and proceed accordingly in order to take advantage in an efficient manner the accomplishment of longer term objectives. A targeted acquisition/merger through a common stock equity offering is a very viable option for CNGT taking into consideration their current share structure. Like most investors I see the potential for significant upside as it correlates to future revenue growth reflected in the financials once the deal is finalized and restructuring is completed.
I appreciate all your questions and the contributions of the many CNGT investors that post information regularly that make the lines less blurred as we all try and connect the dots that hopefully lead us down the path to greater share holder value.
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