Replies to post #48488 on Integrated Cannabis Solutions Inc (IGPK)

[trademax42]

Exactly right!! Your math doesn't add up!!

The math doesn't add up.

Here is the problem with your math. The ticker was trading in the trips before the merger. So how much 400M shares were worth? Lets us apply an average pre-merger announcement PPS = .0008 on about 400M shares.

400M shares X .0008 pps = $320,00 dollars or $320K roughly. If you prefer 500M shares, the value will rise to $400K.

Using your quoted number of $3.2M, tell me which is a higher number $3.2M vis-a-vis $320K. Certainly the former is 10X larger.

some incoming Chinese company is going to just pay off all insiders to "return" those common shares to them for a measly $3.2M?

BTW I don't want to spend my time in lengthy discussions with you like I did last night.

Thanks!!

[trader59]

There is no $70B company merging into a stinky pink scam shell and handing over their ownership to the bagholders of the shell's last scam. Nobody that has built a multi-billion dollar company and owns all of it is going to hand over ownership to a bunch of OTC shareholders, it would be monumentally stupid. All you have here is a mystery Chinese company mentioned in the last disclosure that the con artist pumpers have fabricated a fairy tale connection to another entity so they can flip this stock for profit. That's it. And the company has issued 1.6B brand new shares into the O/S since their last financials, the major holders who were insiders now claim not to be.
It's the China Hustle (Google it) in the OTC.