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?