Replies to post #2268 on TheGlobe.com Inc (TGLO)

[Sprycel]

I disagree fully! This week we will see exactly why a multi billion dollar company bought this shell! They own 71% and the former CEO owns 5%! Based on the current share structure that leaves about 102 million shares for the street! I know how much I own of that 102 million! JMHO

[fojcol]

Some people are willingly ignorant. 70% of a publicly held company is worth more than 100% of a privately held company, because of the massive amounts of capital available for investment in the public arena. I knew a guy used to buy land available for landfills. After he'd acquired a sizeable amount, he'd go public, and his "holdings" would become worth 10X more after the IPO.