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Mickey4

08/16/19 3:15 PM

#41491 RE: Investor601 #41489

Exactly, like I said, so let me break this down so even you can understand: There were approximately 1,624,197,000 outstanding at the Date of Record meaning there were 135,349,750 set aside or were reserved for the 1 for 12 spin-off. Now, Buzzy owned 815,650,000 at the time so his share would have been 67,970,833 but he refused them or gave them back, and 67,378,917 goes to the shareholders. And, it clearly states in the report, you might have missed it, that the block of 76 million are for the spin-off and the 34 million goes to V Group for helping with the deal. Out of that 76 million I will receive my share of 13,041,667 shares because I held 156,500,000 shares of VGID at the date of Record. It's just simple math so don't complicate it...