Friday, December 03, 2021 11:19:48 AM
The amount of dilution will correspond to the relative value ratio of the two companies. We know the value of GTLL is about $250K for a trading take-over target less the shareholder deficit of -925,419 for a net value of NEGATIVE $675,419. So the dilution will be MASSIVE even if the value of Tersus is only $250K. A R/S is only one way to accommodate that dilution. Wayne's recent methods are to issue convertible preferred shares to rely on the ignorance over what shareholder equity is comprised of.
Fact is, Tersus seems to only own a website and its owners probably consult with each other to fabricate a revenue stream. (Owner 1 charges owner 2 $500K and owner 2 charges Owner 1 $500K. Voila! $1M in revenue......then the company pays them $500K each in salary.) Seen it dozens of times in these stinky pinky Anderson scams.
My opinions are what I express in my posts....each and every one of them. BUT...I was wrong once and could be wrong again sometime so do your own research and don't blame me if you are too lazy to do so.
Recent GTLL News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 01:45:40 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/06/2024 10:09:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 02:49:24 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/09/2024 03:56:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 12:30:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 09:45:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 02:17:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/27/2023 09:45:16 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:06:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2023 08:15:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2023 01:17:05 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 07/24/2023 08:39:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/21/2023 08:27:42 PM
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
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