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4toSchool

03/16/18 4:49 PM

#156707 RE: cngreen #156705

It seems to me that if either company booked revenue that they would issue some type of communication to the world

TenKay

03/16/18 11:30 PM

#156765 RE: cngreen #156705

“when you insinuated darkpulse's evaluation would be so big that it won’t work out well for EXISTING common shareholders of BVTK.”

I did no such thing. What I said was if Darkpulse had a real and functioning business it could easily RM into a reporting shell for $250K and not need to “share” or otherwise pay a lot more to RM into BVTK given its debt load and share structure.

Im saying BVTK has some valuation if Darkpulse has a valuation and if bvtk merged with darkpulse it wouldnt nor couldnt be a lopsided merge as you suggest”.

You are assuming that one has some significant valuation so therefore the other must as well. The fact is there is no way to know what DPT is worth given the lack of any discernible business history or commercial success of its “product”. And we do know that BVTK is technically bankrupt according to its balance sheet. So in fact I am suggesting it would be a merger of equals...as in neither has any true value but the narrative and hype the combination itself could generate.

And the reason an RM does not work out for the EXISTING common shareholders of the public entity is that when control transfers to the acquiring private company, that control person(s) owes the common shareholders of the public entity NOTHING. It plays out over and over. I am watching one play out now where the common shareholders just went through a post merger RS and think all is hunky Dory...but what many fail to realize is that prior to the split the commons represented 40% of the “equity” in the company that RM’d into them...post split they now own less than 1% of that equity because the preferred stock didn’t split...and yet they think they own the “whole company”.