Replies to post #141927 on TON Strategy Company (TONX)

[TenKay]

Here is that version...using a simplified example of an extreme to see how the math works.

Underwriter U buys 1,000,000 shares of offering stock from company C for $1 million.

Company C turns around and acquires Company A for $1 million

Company A turns around and buys 1,000,000 shares of Company C from Underwriter U.

How much “extra” money does Company C have in its bank from this transaction?

Zero.

All they did, in effect was acquire company A for 1,000,000 shares of Company C stock.

Company C DOESN’T own Company A AND have an extra $1 million in the bank.

All Rory did was, in effect, buy a portion of SC with $4 million worth of stock in the offering.