Emergent Health Corp (EMGE)

[DD_dempsey]

Thank you - and further with $EMGE

When you stated -

$EMGE is now a publicly traded subsidiary, but its shareholders only hold equity in that lifeless subsidiary, not the parent.

Respectfully, you really just softened your position here and admitted that $EMGE COMMON SHAREHOLDERS WILL still have their equity and aren’t left out in this process!!! That’s quite different that what you wrote last week. And I truly appreciate your acquiescing there. We don’t have to agree obv on this stock or management - but I’m not talking about them. I’m talking about LAW. TAX and Business laws and accounting - in delaware.

Note - If one wanted to also own $KOAN they could. I’d they felt resonate was the better sub. That’s the choice of each shareholder. BUT- As it pertains to this entity $EMGE- this will be where the PRODUCTS ARE SOLD- and that means revenues. These revenues already exist and they will be booked under this subsidiary.
They are focused on 5 revenue producing subsections of this entity. We shall see what happens but as of now - 2 appear quite viable.

Another suggestion I have for anyone wanting to learn more about 251G- the process, the results and the actual cost to execute this - DELAWARE website spends a great deal of time going over this concept. As well- one can feel free to look at one of my first 2 posts here where I outline from Delaware website / how they deal with Commons from both successor subsidiaries.

Obviously the 251G establishes that both companies will exist post merger - as trading entities. What one may benefit from brushing up on - is how a 251G deals with common shares from both of the existing entities that now become subsidiaries of the new parent company. How the 251G can eliminate any former debt held by EMGE to note/debt holders etc.

Have a nice day.
-DD