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Re: Chenteddybear post# 266

Sunday, 04/10/2022 2:31:49 PM

Sunday, April 10, 2022 2:31:49 PM

Post# of 311
Very rough math: When they distribute the 140M of already Bitnile owned IMHC shares among NILE holders that own the 80M NILE shares, that's ~1.5 shares per ownership of 1 NILE share + whatever value of the NILE share included in the NILE SP.

At the current SP of 60 cents, doesn't it just kind of make more sense to buy Nile?

Add to that the fact that the SP of IMHC could either be immediately diluted - which is likely since in the PR there will ALSO be 140M IMHC warrants distributed, therefore cutting the stock value in half right then and there.

ALSO add to that the fact that Nile holders will probably sell off a bunch of IMHC shares as soon as they get them to make a quick buck (and since IMHC will probably initially tank a bit this will just compound that issue).

**Basically what I'm asking here is: Am I missing anything? How is buying this right now a good investment ATM? Honest Q.