Replies to post #12559 on TheGlobe.com Inc (TGLO)

[Zorro]

And very few people own 100% of a private company doing an IPO. Even private companies have shareholders.

[fredean]

You guys are missing my point entirely. If I own 100% of a company worth 100$, I then sell 30% of it, I make 30$ and I still own 70%, which is way more advantageous than if I merged 100$ in assets inside a company that I only own 70% of, I now automatically only own 70$, without even having sold any shares. Now multiply that by an multiple you think TGLO will be at on the secondary markets, doesn't change a thing.

Feel free to correct me by doing the math and not just saying that I'm wrong.