Tuesday, January 19, 2010 3:00:22 PM
I read it, what I do not see in your process of the merger is that you need to put a "value" on both companies so that shareholders in each company get their fair share of the merged company.
What value would you put on WOWGreen right now? That needs to be paid out to current WOW shareholders in the form of shares of the merged company or conversely, GRBG shareholders get shares of mergeco in proportion to the value of GRBG to WOW at merge date.
Let's say GRBG is worth $3.5 million right now and WOW is deemed to be worth $31.5 million - then mergeco is worth $3 million in total and former GRBG shareholders own 10% of mergeco.
How do you do that within the confines of the current share structure?
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM