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jerrybrockman

01/14/18 8:34 PM

#6190 RE: KOmani #6187

And it is NOT a gift. They have already bought up as much of the float as possible through their hedge fund proxies. Every RM comes with some baggage that’s just how it goes THANKS FOR PLAYING!!!

trademax42

01/14/18 8:43 PM

#6191 RE: KOmani #6187

Wrong again. Delfin is giving no gift, they probably will control over 80% of the OS. Hence if PPS goes to dollars, the value of their shares will be in billions as well.

Meanwhile, they may have access to NOLS. They bought the shell for $25K and got 71% of OS.

Do you how much 71% of the OS are now worth? You do the math, and this is just the beginning. I would say pretty good return so far for a measly $25K investment. Win win scenario, imo.

So who is giving gift to who? Know how the market works before making outlandish statement.

Anyone got a list of examples were a new company gifted $ Billions of equity to previous shareholders in exchange for a shell?




$TGLO$

Disclosure: all imho, not intended for investment advice. Do your own DD.

WHIP THE HORSE

01/14/18 8:45 PM

#6192 RE: KOmani #6187

DELFIN ITSELF GOT A GIFT FOR $25,000. WE ARE PART OF THAT TOO.

fojcol

01/14/18 8:53 PM

#6194 RE: KOmani #6187

The other way for them to go public, an IPO, would take on the order of 6 months and 8-10% of whatever they raised (this includes commissions plus fixed costs). BUT .... if you want it done in a hurry, then do it exactly like they're doing it. Pay 5% to previous owner (instead of 7% commission), and then buy up all you can on the open market before the price goes up too much. There's so much $$$ to be made on this deal, but time is of the essence! A delay of 6 months could literally cost billions of $$$$. imo

trademax42

01/14/18 8:55 PM

#6195 RE: KOmani #6187

Your reasoning is completely flawed, it's all about business. Delfin is giving no gift, see my post # 6191.

$TGLO$

Disclosure: all imho, do your own DD.

Cache

01/14/18 8:59 PM

#6197 RE: KOmani #6187

TELL rolled their business into an empty shell last year and currently has a market cap > $2B. But it wasn't a "gift". It's called going public... you know, where your business becomes valued at multiples of its actual worth? Delfin will be worth multiples of $8B when all is said and done. That's how going public works. Sheesh!