Logiq Inc (LGIQ): So diluted. What now? I would bet that n...

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Re: Dccpoker post# 4469

Thursday, 02/21/2013 10:39:56 AM

Thursday, February 21, 2013 10:39:56 AM

So diluted. What now? I would bet that newco will be bought at 70% or more of the old company. This would mean existing shareholders will be worth 30% total. This can be done with reverse split prior to merger.

Example? Look at OPHI. They dumped shares for cash prior to reverse PR. Newco takes 97% leaving bagholders with only 3%. Deal is still there. Look it up.

Sad.

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Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 02:43:28 AM
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Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 11/13/2023 09:30:22 PM
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Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/10/2023 10:48:27 AM
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Form PREM14A - Preliminary proxy statements relating to merger or acquisition • Edgar (US Regulatory) • 09/29/2023 09:20:23 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/08/2023 08:32:45 PM
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