Replies to post #20348 on American Green Inc (ERBB)

[gregg99]

sahd, why would a company that is about to have a 650 million share outstanding be trading higher than a company that has a 450 million share outstanding? why does mmxt have to issue 450 million more shares, bringing the total outstanding to 645 million, when there are only 450 million shares of scmi to merge with? share price after the merger will dictate market cap. the way you are figuring this merger, the 195 million shares of mmxt outstanding are merely on for the ride, and will not participate in the merger. you are adding 450 million shares to the outstanding, and not taking into account that the 195 million already outstanding are going to be included.

[bobhouse_98]

since scmi gave up 50% of it's revenue for shares of qtig stock, it would be a total ripoff if scmi shareholders don't receive the qtig shares that were promised in 4 dividends.

what this amounts to is a major dilution for scmi holders.

since peter and his cronies own most of the qtig, it's no wonder why they are trying to pull off this scam.

if they only issue 260m mmtx shares to scmi holders the dilution will be 260/450 = 57.8%. and this is after they diluted scmi by 50% by giving 1/2 it' revenue to qtig to be it's market it's product....and now refused to issue the promised qtig shares as a dividend. that takes brass b-lls.

it's was a crafty scam to move value into the hands of peter and company.