InvestorsHub Logo

BigBadWolf

08/21/17 1:24 PM

#7553 RE: koen2 #7551

as per the 8K all SPPC shareholders will be more than fine...all of the investing public here hold $$EXOL shares they will not be as lucky.

#wipedout #mostusuallyR after a R/S

we had hoped for better here...SOS 'n the OTC

rmuncast

08/21/17 1:32 PM

#7555 RE: koen2 #7551

Fair enough.

So in the end after the split we get:

- EXOL current common shares goes from ~160 million pre-split to ~3.2 million post-split
- SPPC current common shares (remembering the 8:1 exchange) goes from ~280 million pre-split to ~5.7 million post-split
- SPPC preferred A goes from ~1 million SPPC to ~1 million preferred B EXOL pre-split to ~20k preferred B EXOL post-split to ~60k common shares EXOL after 30:1 exchange


Doesn't make sense that the preferred Series B shares are specifically mentioned if they are to receive the same treatment.