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Re: JustAnotherPenny post# 18934

Wednesday, 08/03/2011 6:54:35 PM

Wednesday, August 03, 2011 6:54:35 PM

Post# of 72077
Here's my 2 cents on the 8-K FWIW. I think there will probably be a R/S as part of a R/M. And I think it will be a good thing for all of us. If the new company is going to uplist to the big boards (eg. NASDAQ) in the near future with a new name (as I think they will), a large O/S isn't going to look good on the NASDAQ and they need to get the share structure down to something reasonable. A 3-1 R/S would do this. So you would take 600,000,000 shares and R/S to 200,000,000. You would end up with a very tight float and common shares could quickly become very dear.

O/S = 200,000,000
Surgline 70%: 140,000,000
CNUV: 40,000,000
Leftover float: 20,000,000

Someone else would need to tell me how many restricted shares would make up CNUV's 40,000,000 portion which couldn't be traded until 2014 but it could be around a third to a half. Anyone else see it this way or similar? Would explain the 8-K... Would be positive for all of us as I see it.