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Just1MoreUpTick

03/21/19 7:12 AM

#93997 RE: ibetite26 #93996

It is, and has been, a total loss for years now. Nobody is getting any dividends, nobody is getting free VGTL shares.


So if VGTL got all the assets then wouldn't that make MIKP worthless now. Not that it wasnt already but I see it as official now that MIKP is dead. We have nothing to sell so we finally get the official screw the way I see it with a promise of a few shares of VGTL that we will probably never see. Unless you can tell me something different I see this as a total loss.

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skyrocketinsight

03/21/19 10:04 AM

#93998 RE: ibetite26 #93996

VGT* got SOME (not all) of the MIKP assets. Our dividend will be greater than the current price of our shares of MIKP - $100 PER MILLION. WE WOULD GET $133 PER MILLION SHARES OF MIKP THAT WE OWN BASED ON 3 BILLION SHARES. NOT SURE IF 3 BILLION IS A GOOD REFERENCE POINT. COULD BE LOWER than 3 billion WHICH WOULD GIVE US AN EVEN LARGER DIVIDEND OF VGT* shares.

WE STILL HAVE ALL OUR MIKP SHARES ALONG WITH SOME ASSETS. MARK IS LOOKING FOR A HOME FOR THE MIKP SHELL DOWN THE ROAD. IMO AFTER THE DIVIDEND.

IT ALL COMES DOWN TO HOW IS VGT* GOING TO PERFORM THAT DETERMINES MARKS SUCCESS AND ABILITY TO GIVE US A DIVIDEND. THERE IS BIG NEWS CURRENTLY PENDING FOR VGT*.

I see this as a win win for MIKP shareholders. NOTHING IS FOOL PROOF THOUGH SO YOU NEVER KNOW.

GLTA