Replies to post #17343 on GD Entertainment and Technology Inc (GDET)

[The Rainmaker]

447 million shares outstanding now and the new guys merging in will get enough shares to be the majority. That means they need to issue 448 million plus new shares to get the new company merging in a majority. That either takes this over a billion shares or they do a reverse split.


will be exchanged for a majority of the issued and outstanding shares of the Company (the "Merger Agreement").

[bandit1958]

Thanks for the PM...I can't reply but I remember that well!!