Turbine Aviation Inc (TURA)

[investorx2]

Good stuff, thank you.

It brings up a few questions. It mentions the private company usually becomes 90-95% (not a hard and fast rule) of the new company through issue of stock.

If Global was to be 5-10% with its 100 million shares that means 1 billion to 2 billion total of which SmartWear would be 900 million to 1 billion 900 million. Now that would be a dilution for which Luvstocks could say, 'I told you so'.

But thats would it would be if Global is 100 million and only 5-10% of the final company.

If the outcome is Global 100 mil and SmartWear investors 230 mil as has been mentioned many times here, then I would think that is very fair to end up with 30% of the overall company from being just the shell.

The debate has gone on about SmartWear not being fair by giving themselves too many shares in the deal, but I would be pleased to have my shares in the 100 mil if that 100 mil is 30% of something big. (I think we are lucky it may be 330 mil and not a billion as the article suggests it would be by the usual percentages.
GLTA