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Burrhead1

07/15/18 12:14 PM

#24100 RE: Phantom Lord #24099

His response...........he’s a very conservative investor......LOL

Mikes math is correct and I think the 900 million is a way inflated number which makes the share price even lower.
Tpiv is letting some institutional investor buy 45% of new company at $4 per share. And marker shareholders will own 27.5%. And tpiv shareholders will own 27.5%.
What happens when marker shares are sold ( and they will be sold fast and hard) and institutional shares are sold?? Stock is going to take a massive hit.
These guys are trying to create value with accounting and math, it’s voodoo merger.
That will leave the stock at $3-$4. I hope I’m wrong.