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UHCougar

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Re: lesgetrich post# 6494

Tuesday, 02/04/2014 12:27:40 PM

Tuesday, February 04, 2014 12:27:40 PM

Post# of 112680
So the cost to mCig is basically going to depend on the value they place on vCig shares?

If I incorporate a subsidiary (vCig for example) I can determine the par value of the company's shares in the by-laws. So if I'm holding 100 mill vCig shares at "no cost" (assuming whatever the legal capital is as investment) and I issue you 50 mill at $0.01 par then the "cost" to me is $500k. In theory, is this what you're saying?
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