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Re: Spartak post# 52832

Thursday, 12/02/2010 10:39:34 AM

Thursday, December 02, 2010 10:39:34 AM

Post# of 86719
Let's play the imagine game here:

LIQR looses 100% of their claims against DKAM and DKAM's counter claim is won 100%:

LIQR pays DKAM's damage claim of $500K in stock, current price is $1.98 so it would cost LIQR about 250K shares. There is 10+M shares outstanding of LIQR, so it will have a negative impact on the share price but will not change anything in the ownership or control of the company.

DKAM looses 100% defending against LIQR and does not successfully win counter claim:

LIQR is paid in stock by DKAM, DKAM is majority owned by LIQR, because even at 100% dilution to OS, DKAM would not have enough equity to pay off LIQR.

DKAM only looses only 1/4 of the claim by LIQR:

LIQR is paid in stock by DKAM, DKAM is still effectively majority owned by LIQR, even if DKAM created 100% dilution to authorized OS, DKAM would not have enough equity to pay off LIQR.

DKAM complete company value right now is less than 20% of the total claim by LIQR.

If DKAM price keeps going lower into this lawsuit, DKAM will be forced to perform another reverse split just to keep LIQR from taking it over, that is where my original 10000:1 number came from, everyone thought I was crazy, but guess what, do the math and figure out how much DKAM stock has to be worth in order not to loose 51% control to LIQR if DKAM looses...

And one last thing, they both agreed to be bound by the results of the Arbitration, so that is why I think PK does not care about diluting the shareholders to pay himself and his son.