InvestorsHub Logo
Followers 4
Posts 344
Boards Moderated 0
Alias Born 05/13/2009

Re: wadirum1 post# 7546

Wednesday, 01/06/2010 11:40:28 AM

Wednesday, January 06, 2010 11:40:28 AM

Post# of 22569
WOW wants a public shell so they can use it for manufacturing revenue sharing and also for raising capital in the future.

51% of preferredsis all that is needed to do so.

IMO, they will RS the common at around 1 to 10,000 but only reduce A/S to 500 million or so and then start to dilute and raise cash that way for the WOW group.

Might work out well for you on the takeover hype but long term there is likely little here for commons and even short term the whole buy on rumour sell on news will likely see a very brief spike on closing of deal and then reality sets in.


GLTY...