Replies to post #1879 on Cat House

[catdaddyrt]

The final allotment in relation to the merger is yet to be determined at this stage and will be notified at a later date once it is determined.

[Makamai]

That's one possible scenario, however the NR also stated that we would receive 25% of the issued and outstanding shares of the surviving corporation and elsewhere it stated that the final allotment hasn't been determined so the new O/S could be less.

Makamai

[Infinitygold]

Yes thats correct.

[fink]

I could be wrong, but I think Jeff is issueing the same preferred shares Dean thought he owned. Where will 1.12 shares come from? No rise'n in the A/S? Shareholders will castrate JG. Preferrds with restrictions?

Just wonder'n too. Jeff says shareholders are 'tapped', so I too have been brain stroming how on Earth he will pull this off.
The O/S is is the A/S and owned by shareholders. The company owns no shares, they sold all the shares. So to twist yalls brains. It said they will own 75% of QASP?? I'm assuming, what we have now 1.5BB, representing 100% of the shares will now represent 25% of the total. so what Centiflex will be needing is 3X 1.5B = 4.5B shares in some form that it wont take value away from QASP shareholders. Now if Centiflex is a multi 100 of Million per year company, then better than what we had in the past.

Yea I'm confused. I can admit it. This stuff can be so vague.
Why call it the surviving corp, call it QASP. I don't care what the O/S becomes so long as mine remaine the same and hit a few dimes soon