Did U ask about the terms 4 the current deals? The 2 aquisitions PAVC will make (with very little cash on hand as per latest filing) and then the merger with TCHH?
What will be the share exchange ratio? Will they maybe FS TCHH so they can do a reasonable 1 for 1 swap or something similar that would allow for a more even arbitrage spread on the share swap? R they still planning on giving a hefty premium to PAVC holders and if so, how?
Will current PAVC holders be swapped with FREE TRADING TCHH shares or CASH? Or will PAVC holders get restricted shares in TCHH.
It is surprising (well, not really with penny stocks) they announced all 3 deals at the same time yet left out so much critical information on all 3 deals. Did Stegawski shed any light on the many missing and unknown pieces to this complicated puzzle? A company with $4500.00 (per latest filing) cash is buying 2 companies with the revenues they claim they have? Did they get conventional financing? If so, with whom and at what terms (these R things that would have to be known by all companies involved if they claim all the deals have been thoroughly dd'd and are close to being finalized)? How much did they get and what terms did they get it at? If not conventional financing, then what forms of toxic financing R they using? How much dilution can be expected to close the 2 aquisitions? What R the complete terms of the TCHH deal and why did they leave out so much of the critical info?
What will they be doing to the share structures of each company to make all of these deals work?
Was he able to answer any of the above?
Did you ask about any of the above?
To have so many deals announced and seeing how little cash they had in the latest filing, it is strange they left out so many critical details of all of these deals. IMO, if they got GR8 financing and GR8 terms on all of these deals, I would think they would have said so very loudly? The fact they left so much unknown is a possible red flag IMO.
TIA/PR
((Michael Stegawski (counsel for paivis) informed me that ONLY the exAPOA share holder certs will become free trading after 2 years.. The ex Jupiter share holder certs will always stay restricted and will never become free trading unless you pay the $300 fee to have them unrestricted.))
