News Focus
News Focus
Replies to #6427 on SOHM Inc (SHMN)
icon url

ForReal

01/25/15 1:08 AM

#6428 RE: FunGuns09 #6427

Maybe an acquisition for stock? With the current amount of outstanding shares, what the CEO holds, must remain at over 50% for him to maintain control.

That being said, if the company were to acquire another ompany thru a share swap agreement (so many SHMN shares for the shares of the acquired company), Mr. Shah would have to somehow acquire enough shares to remain in control.

This is just speculation on my part. But with not convertible (toxic) debt on the books, it is the only reasonable explanation I can come up with.
icon url

polkat

01/25/15 1:35 AM

#6431 RE: FunGuns09 #6427

I'm not sure what happened with that link.
but apparently, it's azfl's increase not shmn.

I just posted it on the board when I got it, but did some fact checking and the ss remains intact