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Re: Mr. Zen post# 1065

Thursday, 12/15/2005 11:12:37 PM

Thursday, December 15, 2005 11:12:37 PM

Post# of 381549
TWOG:Ok, thats what is seemed like to me as well. ALmost like a reverse merger. I think alot of people saw the reverse split and thought they were talking about TWOG. AT least that I what I can gather from the chatter on the boards. The only thing the I am worried about is what will the value of the new stock be after the buy out. Because that is what we will have then.
Example.:
If BDWH remains at .02/ share, then it should be at 2.00/share after the reverse split.
They buyout says Shareholders of TWOG will get 0.085 worth of the new companys stock for every share or TWOG they own..
So if you have 100,000 shares, X .085 = 8500.00 So you should get 8500.00 worth of The new company's shares.. If it is at 2.00, then you would get 4250 shares of the new company.
If it were at 1.00, then you would get 8500 shares..
So the good think I see is that it shouldn't matter what the price is before the buyout. We still should get the same value for our shares. But the big question is what will the share price of the new company due after the buy out..

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