InvestorsHub Logo

madeindet

08/21/18 5:57 PM

#47198 RE: Cobra Kai #47197

ATIS over 1 million shares traded around 40. Gapped pre-market to 44 than selling pressure followed

Dutch1

08/22/18 1:09 AM

#47204 RE: Cobra Kai #47197

“The timing off the sale of essentially 80% of Greenshift's main revenue generator- makes me think the sale was almost forced to help keep debt holders satisfied”

I don’t know how much this matters but, it’s still a bit hard to tell how much 80% is. Since Flux was held for 100% by KK, and holding 80% of GERS, it could mean GERS is sold for 64%.
And if BTZO was still on top of GERS holding 80%, it could mean 51.2% was sold.
The share of the common shareholders and other preferred shareholders remains 20% of the voting rights, and probably represents also 20% of the value.

By the way that 20% still seems like at least 3.6 million worth. If that are 20 million shares, it still means at least 18 cent a share. Add to that the posibillity of higher earnings caused by the very large lawsuit claim, and GERS seems like a very nice buy, based on that deal.