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kraken

11/29/07 10:46 PM

#76656 RE: ratso1 #76649

That could only work if they did not alter the A/S very much. I am in the camp that alot of Chinese investors big and small would love to get in on a public company that they are exposed to on a daily basis. And expanding into other provinces no less. I see alot of potential upside with just that! 4000 shareholders of record instead of 400. Sounds good to me. If supply is low and demand is high...the company could do way more with with less shares if the price remains high. And I see 5 mil in there somewhere which just happens to be the capital requirement to obtain forex broker/dealer status. I don't believe much in coincidences. We shall see in due time.
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kraken

11/29/07 10:56 PM

#76663 RE: ratso1 #76649

Doubled. ooops.
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darrengus

11/30/07 3:51 AM

#76684 RE: ratso1 #76649

actually that can be accomplished with a 10:1 split
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uwlungman

11/30/07 4:01 AM

#76685 RE: ratso1 #76649

ratso. Another problem with Bigdog's document...
The 85 to 90% figure is based on a reverse merger into a shell which has no value other than it's listing status. EFGO is a viable company which is certainly worth a lot more than a shell, especially to the new Chinese company because much of what EFGO does fits in well with company plans. Those facts would have a significant impact on the deal and would greatly reduce the number of shares that the merging company could request. Even if we end up owning 50% of the new company (my guess) wouldn't you rather own half of a potentially billion dollar company that all of a much smaller company? From what we know so far, shares at current prices are an excellent gamble which is why I am buying all I can afford.