1. All of my shares will remain RESTRICTED after the merger is complete. 2. ask STEPHANE 3. ask STEPHANE
So, let's all be clear on my proposal to STEPHANE.....
AS 300MM OS 30MM **after proposed 10-1 reverse merger
of the 30MM, I will still own nearly 63% of the 30MM or about 18.6984%. My gift to my Shareholders and to ACCESS,,,,,this is my gift that I am disclosing...I will then CANCEL 10MM of my shares back to the ACCR Treasury, I promise.....so that will put the ACCESS total assets would own 93.33% of the equity of this Structure.
I will own 8,694,000 shares after I cancel the 10,000,000 gift.
This is 8,694,000/300,000,000 shares TOTAL AS = 2.8% of all TOTAL AS SHARES. Remember Access is getting 270,000,000 shares for their EQUITY ACCESS.
I am an Economics major from Tulane University. I have a BA in Economics, and a minor in Studio Art.
I have studied classic reverse mergers for almost 20 years....a reverse merger today is a good alternative to a structured equity funding deal. DEBT should be replaced by EQUITY in today's environment. It makes sense to have EQUITY on the books instead of DEBT.
This is why I am structuring this good reverse merger plan. Listen, 93.33% equity ownership in ACCR Share Structure is a lot cheaper than going to Goldman, and asking for a $1billion IPO. They would clip 10% easy.
10% clip or hair cut......as WALL STREET calls it....is very common among big equity trading houses. FUNDERS are very picky. They seek little RISK. ACCR represents a good clean, RISK FREE equity alternative than tradition IPO process. If you want to raise $1billion in an IPO, just like Saudi Aramco did recently at SauRial $29....It was the largest IPO IN US HISTORY.
A re-IPO reverse merger makes perfect sense. I am not perfect. I have been a Shareholder of Access-Power & Co., Inc. for almost 25 years!
This will not be 100% clean. This is why the structured deal must disclose EVERYTHING.
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