InvestorsHub Logo
Followers 3
Posts 177
Boards Moderated 0
Alias Born 10/10/2011

Re: justlovethegame post# 47397

Wednesday, 11/14/2012 10:58:05 AM

Wednesday, November 14, 2012 10:58:05 AM

Post# of 80868
Isn't the Aegis deal 7% for commission? There's an extra 1% for non-accountable expenses, which we can probably assume Aegis will rake in. It really is about the commission for them, but they have to sell those shares to someone and it's not on the open market. The thing we should all be analyzing is what price we think the offering will happen at and what is Aegis using as a selling point to move these shares? Aegis would not have taken the deal unless they could move them otherwise they don't get paid.

If anyone has been through this before, can Aegis offer the shares lower than that current share price? Ie, if the stock is at $4.00, can they sell them for $3.5 or is that a violation of their duty?