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pinkslipjunkie

05/01/15 11:45 AM

#48819 RE: bucks2pennies #48818

UNQT and that is what you call a Reverse Split...and that would be bad news for current shareholders....and you are right with the share structure does have a lot of OS...lets just hope that does not happen ...and also a reverse split does not have to accompany a reverse merger....and a reverse merger would be a good thing.

UNQT is basically a shell company with a LOT of O/S which need to also be reduced to enable the new company to start with a lower A/S and O/S. Grandfathered in owners of UNQT shares will have their existing shares appropriately reduced while the pps in the new merged company will likewise increase proportionately.

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alzheimered

05/01/15 12:12 PM

#48821 RE: bucks2pennies #48818

If investors have their existing shares reduced while the pps in the new merged company increases proportionally, then the aggregate value of each UNQT portfolio will stay the same, and nobody gains anything. The merged company, as you said, will pay for the opportunity to become a listed company rather quickly with an assumed clean platform. The amount that the merged company pays for this entry situation plus the amount that the present UNQT is undervalued will determine the base-line gain that will accrue each present UNQT portfolio. So we are not talking huge gains from the merger itself, or are we?