Ummm....
Rumor is 54 million Government held Ally shares were surrendered to cover and buy a Market Fail to deliver as well as 275,000,000.00 in asset transferred in a merger acquisition ...
That is presently worth 1.922 Billion. My experience having worked for the government. Those assets have to be packaged and offered to the public.
Encounter has based on 30 billion shares, a 5% exit divvy coming. That is 1.5 Billion shares. Hudson apparently has accounted for 30 billion shares...yet I still see a 2.15 Billion Float. ONCI filler shares ?
I guess filling a 100 million corporate and 1.4 Billion common Unconventional IPO makes sense...
1.922 Billion / 1.5 Billion = presently $1.28. Someone said something about pre IPO discount price of $1.24
54 million Ally + 40 Million ECGR (Formerly ONCO) = 94 Million + 6 million J105 shates = 100 Million + 1.4 Billion ONCI = 1.5 Billion
Batting practice...swinging for the fences now...lol
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