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gringojoe

01/26/17 7:02 AM

#18855 RE: DD_dempsey #18854

Thank you!

I did not sleep much and just wanted to understand it correctly.
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kommisar7

01/26/17 7:15 AM

#18856 RE: DD_dempsey #18854

Sorry
I have not understood it yet
Why then to txtm ...
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badshah

01/26/17 8:26 AM

#18860 RE: DD_dempsey #18854

DD...great job on the DD...thanks...

One question - the 8k states "the shareholders of Plandaí SA received 100,000 shares of ProText Series D Preferred Stock in exchange for 100% of the issued and outstanding capital of Plandaí SA."

Since TXTM already had close to 2 billion O/S, how much do these 100,000 shares of Protext Series D Preferred Stock add to the O/S total ? In other words, what is the dilution to current stock holders ? If the market cap of this company becomes say 10 million $, is the SP = 10 million $ divided by 2 billion shares or something else ? How do the shareholders of Plandai SA benefit directly ?