Replies to post #3084 on Atlantic Energy Solutions Inc (AESO)

[EnchantedMagician30]

It's all based on facts from the filings.

RCRT holders will end up having a much larger ownership stake in AESO/Cognos Group compared to current AESO holders, given that all of RCRT's assets are being merged into the shell, resulting in RCRT holders owning 95.5% on a fully diluted basis.

It's also worth noting that each series A is convertible into 1000 common shares, not 100, which means the fully diluted shares would be 1.047 billion, not 147 million. Additionally, the authorized shares of commons are 500 million, but this can be adjusted if needed.

I own RCRT, therefore, I will ultimately receive AESO/Cognos Group shares in the end much more than if I bite here. The current valuation of AESO appears inflated because once shares are issued to RCRT holders, there will likely be very significant dilution for current AESO holders.

Good Luck.