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Congo Mining

09/02/16 11:29 AM

#1094 RE: Imagineer66 #1092

it's apples and oranges. That's a temporary ownership representation. The value of your shares will likely be similar to the value of the bonds before it converted. You'll have to wait for it to trade on otc.

"Under the Plan, New Holdco will have 5,416,667 shares of its common equity outstanding as of the Effective Date"

http://phx.corporate-ir.net/phoenix.zhtml?c=251151&p=irol-SECText&TEXT=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTExMTE0MjUyJkRTRVE9MCZTRVE9MCZTUURFU0M9U0VDVElPTl9FTlRJUkUmc3Vic2lkPTU3


There were 102,000,000 shares of ARP. So that equity is packed into 1/20 of the size.