PQL, any help here?
For those of you that have been around a while,
Help me out here I can't find out some info about the origination of the CO.
It was Vision Works, then they did a huge reverse split, then JB got involved and there were new shares on the market.
Question is: Did the CO issue shares in an IPO at $.50 or so, or did the shares that are now trading come from somewhere else, like otherwise trading shares that were then sold for $.45 to the public from other shareholders that got them for $.01?
The question is really, did the CO get a substantial infusion of cash at the rebirth as PHGI, like $15,000,000 (say 30MM shares at $.50) or did shareholders get to sell the shares at $.45 and down?
This would help answer some questions about what kind of share the co is in and what it can accomplish