Euthydemus: Urbie planned to merge CIM w/ MRDR, a Victor Casavant pinkie company, last year but cancelled it. I guess he could r/m CIM into SGGM. Not sure why he just doesn't apply straight to the pinks. All he needs to do is find one MM willing to make a market. Daryl from BSIC seems to like him.
I can see the o/s being either 778+ million or 1.8+ trillion. Hope they submit filings soon because it will be interesting to see the justification for rapidly increasing shares issued in such a short time.
My guess is that when people start complaining about not receiving their dividends, then we'll know if there is a NSS which I dn't believe either. But I'm willing to wait and see.
The CIM dividend ratio is confusing and inconsistent with the other ratios but I suspect that the SGGM shell will be used to reverse merge CIM into a public company.
That may be a possibility. However, in the absence of a consolidation prior to the deal, the reverse takeover would result in a company coming out of the gate with several hundred billion shares outstanding.
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