Got it but it is irrelivant at this level! Delfin owns 71% and they are a multi billion dollar company wanting to go public! That is all that is important!
and to what capacity do you think they'll be using the shell to raise funds? what sum of capital will they gain by using the shell at its current valuation? even if they cycle investors into this ticker through a restructured share plan the maximum they can raise over any amount of time is dependent on the implied market cap of the company. if that never changes from between $40mil to $80mil then they won't ever be able to raise more money than that. $40mil is 4% of 1 billion so if they have options of getting financing from banks for capital in the amount of billions needed to make these contracts come to fruition what makes you think they can't get the additional 4% elsewhere and not through abusing a compliant shell ticker on the OTC? it just doesn't make sense to me. i'm not saying i'm positive anything will come of this at all but i just don't think that's a sound argument to the contrary of what sprycel has been putting up.
THIS IS GETTING EXCITING!!! WOW, DELFIN IN THE 10K......DELFIN WITH A NEW WEBSITE WITH AN 'INVESTORS RELATIONS' LINK.........WOW A TOP 5 OF ALL THE U.S. T/A..........WOW A TOP U.S. REVERSE MERGER ATTORNEY FIRM...........WOW.........GOOSE BUMPS............!!!!!!!!!
News 
Market Data 
Discover 
