Tuesday, January 19, 2010 3:26:42 PM
IF they are going to merge the two companies as you said - both of which have shareholders and shares outstanding - then they need to value each company so they can assign value to each share in each company.
The market has already ascribed a value to GRBG - it is around $3.5 million market cap. Allie and Bill will assign a value to WOW - or should I say Allie and Allie since he will be the CEO on both sides of the merger.
It does not matter what he pays Bill for the preferreds he needs to have majority control of GRBG, what will matter to current GRBG shareholders is the value that Allie assigns to WOW if and when he merges it into GRBG in exchange for shares of GRBG.
If WOW is the larger entity, then how do they accomplish merging WOW into GRBG so that GRBG becomes WOW within the current share structure?
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM