>>If we are sucessul in closing these OTCBB companys the exchange of stock for 1 EFGO share for the OTCBB share will be a true schock and awe REWARD!<<
OK, so to be clear: In a merger with an OTCBB company, how would it work? It couldn't be that there would be a 1-to-1 exchange for a stock trading at $1.50, right? Some kind of r/s?
Any thoughts? Excited to read that but want to make sure I get it.
MNM... thanks for posting the email that you received. I just got back and I'm checking in to see what transpired today. Looks like I have lots of posts to read through.
It was great to see all the board members posting on the "roll call" yesterday, especially the shareholders that tend to read the board and not post. Lots of good support out there.
I think people that have been following this company closely realize the potential and are adding on the dips. Some of the people that have jumped on without doing a lot of DD tend to sell when the stock doesn't meet their expectations in a day or two (we saw that happen yesterday from a poster).
remember, im an idiot, still learning, but is he saying we will get a spin off stock.. like free shares to another stock and thats the shock and awe? i may be reading it wrong..
Could you please break this down onto what it means in real simple terms. What would that actually do to the share price of efgo. How many different ways could this happen. R/S or would it be share for share with no split. Thankyou
LOL...a lot of simple spelling errors & bad grammar in that email but if you read it a couple of times...clearly provides plenty of outs....so it's typical penny co. pumping whether it's a legit email or not...which makes things interesting...will have to add this to radar again...examples of what I'm referring to:
-We are doing our DD now
-the lawyers think they have issues that we want to resolve before we close
-The schock and awe news we cant release till the NYSE companies get their ducks in order
-If we are sucessul in closing these OTCBB companys
-Its in the works and not a done deal so dont come back asking when
Message# 34465 is awesome. This is a must read for all of us. Almost S myself when I read this. Took me a while this morning to recover this message from last Friday.