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Sprycel

01/14/18 9:01 PM

#6198 RE: Cache #6197

So does that mean our stock is going to be around $22.00 per share? I think I said it would be about 2 weeks ago but hay, what the hell do I know! JMHO
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trademax42

01/14/18 9:06 PM

#6201 RE: Cache #6197

Delfin's initial purchase price at $25K got them 71% of OS, which is already worth over $60 million. And this is just the beginning. Who is at the receiving end of the gift? Then possible access to NOLS.

There is clearly a win win scenario in this RM.

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.



$TGLO$

Disclosure: all imho of course, do your own DD.
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KOmani

01/15/18 1:48 PM

#6345 RE: Cache #6197

When TELL was reversed into they had less than 6 Million shares outstanding in public hands.

If we use the yearly high of $21.74 that's still a gift of just a little bit over $130 Million.

Not very close to the Billion Dollar gift TGLO shareholders are expecting.

For the record, when the new entity merged in, 193 Million shares were issued to the new company merging in.

So, old TELL shareholders got less than 2.5% of the new company.

Why is Delfin being so generous and giving 30% for TGLO's shell?

The Form 13 says they will issue shares diluting the 30% and I have an example showing 2.5% when all was done.

You still think old TGLO shareholders get 30% of some Billion dollar entity for free?