Replies to post #23163 on Shot Spirits Corporation (fka SSPT)

[Marksmbc]

My take on it 'funny' is that any shareholders of SSPT will literally get nothing out of it. If the company did a 1-100 reverse split with 2.84B shares outstanding of SSPT, it comes out to be 28,400,000. Now if SSPT gets 10% of that, your talking about 2,840,000 shares for the SSPT. Depending on the price that MY BIG COIN PAY wants to start trading at is going to be very key.

For instance, IF WE STARTED TRADING AT A $1 a share, MY BIG COIN PAY WOULD HAVE PAID $2,840,000 for a shell company when the current going rate for a clean shell is under $100K these days. Here's a link https://www.mergernetwork.com/public-shell-companies-for-sale/page-1

So 'funny', we are talking about a much larger reverse if you ask me but then again it all depends on what price MY BIG COIN PAY wants to start trading at and how many shares they want outstanding. You can always have a higher authorized if they need to raise money via private placements.

TIME WILL TELL!!