Good morning,
Allow me to make an observation on the share structure. I realize folks will do their DD and upon the noticed of the really, and it is large, the O/S of 44B. Man that is a real looker when I first noticed it. However, upon further into it and my years in M/A makes sense as well as who is behind this.
Just earlier in the month the share structure was 8B O/S and then a total acquisition of increasing the A/S to 50B and O/S to 44B on the surface may seem to many as in WTF!.
Well folks, it really isn't so bad since the majority or about 80% is restricted that puts these shares out of reach. See, many times when a large concern comes in and initiated takeover like we see here is important to understand that the reason for such a mechanism with the share structure is to apply an insurance safety net known as a mechanism against 'Greenmailing'. Knowing the man behind this will certainly attract Folks to conduct an assertive effort through backdoor applications into a hostile takeover. This is simply a preventive mechanism.
I believe the announcement coming on what entails the merger will be so huge and I'm balancing this with the share structure that it may be so significant that the share structure is a moot point for our ROI.
In the coming weeks we will have an interesting ride through this process.
I consider this in the range of .0005 to .0008 as a nice buying opportunity.
Have a good day.
varok
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Bullish
