InvestorsHub Logo
Followers 19
Posts 4591
Boards Moderated 0
Alias Born 08/24/2004

Re: None

Tuesday, 12/18/2012 12:40:40 PM

Tuesday, December 18, 2012 12:40:40 PM

Post# of 335
from what i can tell from the 8k.

Trevor ( through his wife ) purchased Navigata
He / She is doing this via cash purchase and repayment terms.

We Teliphone bought the entirity of this deal for 61,500,000 shares ( including no doubt the repayment terms ).

Note the typo in the 8k stating 61,500,00 shares ( at least i think its a typo ).

Trevors wife now owns a Total of 80.4% of teliphone

The 61.5 milion shares represents about 30% of the company, which was calculated to a total share OS of 200 mill. I think this is wrong, but its what i get looking at the 8k

the 61.5 mill shares was given a nominal value of just over 13 million dollars. or .22 a share. Dosnt mean much, except what they believe the stokprice should be.

All comments welcome, even if its only to say i got it wrong

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.