Replies to post #33491 on CSMG Technologies, Inc (fka CTGI)

[maddogs]

Heck, some upfront cash from either techs that are on hand, could finance additional subs.

[sojourner]

If, as speculated here, "the candidate (for a merger) would want more shares than the current a/s could accommodate," there are arguably two ways to proceed. Raise A/S and issue additional shares or reverse split O/S thereby leaving A/S intact yet allowing additional share issuance.

Given the merger scenario, I'm inclined to expect a reverse split as means of funding it. A reverse split achieves two goals. R/S provides needed share dilution and simultaneously increases stock price to a level more suitable for higher level listing.

[rocketeer357]

Somehow I doubt they'll add 20 million shares if/when they dilute the commons. I'd be thinking more like an A/S of 250 million to accommodate future needs.

There's still too many shares in unknown hands here- with DR we knew where a lot of shares were and what the plans were for those shares. Now? who knows who inherited his shares.

Given the company's precarious financial position and its lack of revenue/income production over the past decade, an heir could sell a pile and still be sitting pretty for any future PPS appreciation.