DCSPKA YOU SAID
"The terms of the agreement between lender/takeover group have been executed. The amount the lenders will ultimately end up with is flexible depending upon the company's turn around."
WolfPack Says
"There is an educated risk involved, you understand."
Living Said..."There will be BK and the lenders will only receive ONE to 2 million dollars." lol
Dr.Fang would say .. "Math is not the only tool to use in this situation..Logic is the main tool to utilize in the equation."
Logic ...The lenders are capable of holding 32 percent of the 5 billion authorized.1.65 billion shares. Living guesses they only converted 2 million shares per livings recent post. Goldseeker claims they converted 4.5 billion shares. I somewhat agree with Gold..I believe the lenders converted 5 billion shares...Here is how I analyzed the additional outstanding shares being released to the public. The lenders were holding shares up to their 32 percent limited ownership of shares. It appeared almost every time the company would release shares to the float, the lenders would sell their shares and then get them back from the shares added..Almost Every time the lenders re bought their shares, they would buy/convert at .0001 per share. I believe I know how this worked, remember on the other forum, I would post my emails with the updated outstanding received from the Registered Agent...Also remember we have the largest ownership of shares then anyone on this board and the other board combined Capiche? DCSPKA is the second largest holder of RXPC shares. The rest here are just dust in the wind you understand.. imo Wolf ahOOOOOOOOOOOOOOOOOOOO0000000000000ooooooooooooooooooo
Therefore:
The lenders own 1.6 billion shares. The authorized of RXPC is 5 billion...The creeping takeover group owns 58 percent of the authorized. The creeping takeover group can offer the lenders Class A shares of their private company in return for 1.6 billion RXPC shares and the settlement of the debt. I include debt in the transaction because it will make their share ownership different from the retailers, and making an offer to the lenders and not the retailers would be understandable, but i am not sure if it is allowable by tort or SEC laws. The other way the lenders can recoup is to sell their 1.6 billion shares or whatever amount of shares that is received from the reverse merger's new shares. This will be a win-win for all players....This is why BK will not be an issue in restructuring. This has been a creative reverse merger. imo JA