InvestorsHub Logo
icon url

Bill_ENG

01/14/19 4:35 PM

#28357 RE: HeadofCapital #28356

The fractional payout is part of the FINRA Corporate action.

You cannot do away with a shareholders stock without paying them for it.

Reverse Split/Mandatory Exchange/Fractional payout in cash.

All are specified in the Details of the Corporate Action on FINRA website.

I posted the Patent Application filed in 2018 which references another patent filed in 2017 a year before. They are getting the patent protection for their architecture.

In my opinion it is funding that is holding them up. They have Class a shares already in the hopper, that would not hold them up. Its the cash portion.

The thing to remember here is that D'Couto and other directors are also legacy NEAH shareholders,the latest investors from 2017 are also legacy NEAH shareholders.

jmho

Bill
icon url

Bill_ENG

01/14/19 5:10 PM

#28358 RE: HeadofCapital #28356

"If Neah valuation is only a fraction of xnrgi that would be blatantly illegal."

The only way XNRGI moves forward is with NEAH IP + XNRGI IP + New Investment.

NEAH IP - given a Valuation of X
XNRGI IP - after NOV 8 - given valuation of Y
XNRGI new investment after Nov 8 given valuation of Z

X + Y + Z = New XNRGI valuation.

X, Y and Z all have valuation and we own shares in X, and it is not possible that X = 100% of New XNRGI valuation. It is a portion.

jmho

Bill