Replies to post #1652 on Value Microcaps Zip Code Changers

[Guy]

Potse, SBAT - The mere fact that the CEO issued
to himself 4.7 million shares for 100k shares of
RHGP, should be enough reason to get out.
The RHGP shares are worth $65k now. 4.7 million shares
of SBAT for RHGP, assign a value of $0.014 per SBAT share.

I can go on about the other 15 million shares he gave
himself for nothing and the fact that they will need to
dilute further, but the first example is enough.

>>The original retail investors now have a 4-5% position in the new business, which in line with the kind of percentages you usually see in reverse merger types of situations.<<

Not exactly. After the issuance of the 19.7m shares, Viking owns 20.3m of the total 20.7m outstanding shares which is approx 98%, so the retail investors own 2%.

Good luck,
Guy