Replies to post #23022 on Globe Photos Inc (fka GBPT)

[western1]

toofoolishtoo

AFTER THE DIVIDEND IS ISSUED THERE WILL BE 143M SHARES (5M THE NEW COMPANY
HAS CURRENTLY OUTSANDING + 138M THAT WE PTEL SHAREHOLDERS ARE RECEIVING)IN
THE NEW COMPANY. PTEL IS PAYING $7.5M ($1.50 PER SHARE STRIKE PRICE X 5M
SHARES CURRENTLY OUSTANDING) FOR THESE SHARES. 143M SHARES DIVIDED INTO
$7.5M PTEL IS PAYING = $ .052 MARKET VALUE PER SHARE OF THE NEW COMPANY.
THIS IS LIKE A FORWARD SPLIT.