Water Technologies International Inc (WTII)

[BuckeyeMike]

Post of the week IMO. Thanks Renee! Excellent insights.

Very possible scenario From Seabisquits post:

#4 ) Specific to LTDI the new A/S could theoretically be used to
give an acquirer a substantial portion or all of the A/S as a
lucrative inducement to pay a higher price for Latitude Industries . Permit me to use an example . If Latitude was worth $6 million under their current O/S share structure , including current contracts and including current asset value then the buyout price would be approximately .003 cents per share , based on 2 billion O/S ( float + restricted + escrowed shares ) .

Now , permit me to use an example of a $24 million buyout whereby the acquirer receives the estimated $6 million value of Latitude and 2 billion of the 3 billion A/S as restricted shares . It then increases the value of the current O/S shares to .012 cents and the acquirer receives the company PLUS 2 billion restricted shares that are also worth $24 million on paper . Essentially the exampled 2 billion restricted A/S gives them Latitude Industries for zero cost predicated on the new company enhancing business operations to warrant a sustained market cap valuation of $24 million and higher .