TheGlobe.com Inc (TGLO)

[In the henhouse]

You are pro MK, and know in this hyper sensitive world of regulation throw up an 1/20, as a reference. It’s not the roaring 2007’s. A dilution of that size is brutal, it would would require Delfin having to take the equivalent of twenty privately owned shares (easy math) into 440 million publicly owned shares. Tough if not impossible sell to any PIPE.

And if you think this happens without PIPE, ( if it happens) you’re mistaken. The PIPE will be silent but contractual, as you know that happens all the time. If this goes it’ll go at top 1/4. Look at the industry standard of shares outstanding in the previous long mergers.

Again “if it goes”.