Thoughts on GMDP...
Was thinking about this.
From the news today..
"Paraphrasing the agreement, Global Medical Products Holdings, Inc. will assist Redwood in their efforts to become a public company by allowing the use of the Global Medical Products Holdings, Inc. shareholder base. For such use Global Medical Products Holdings, Inc. shareholders will be compensated with stock in the publicly traded Redwood Securities Group. The approximate value to the shareholders of Global Medical Products Holdings, Inc. is $0.013 per Global Medical Products Holdings, Inc. common share. "
So does this mean the the shares of GMDP will be cancled and replaced with shares of Redwood worth 0.013 per share ?
Or does this mean that we keep our GMDP shares and also get shares of Redwood worth 0.013 per share.?
If the second sinareo is the case, then GMDP shares should be worth close to 0.10 or so.. here is why.
Lets say you buy 1000.00 dollars worth at say .01 (not there yet, but just for example) you would have 100,000 shares.
Then you would receive 100,000 x .013 = 1300.00 and still have your 100,000 shares. Thats over 100% return on your money.
If you had 10,000 shares at .10, you would receive 10,000 x .013 = 130.00 or about 13% return on your 1000.00
Does this make sense ?
Maybe I am over thingking this..
