Replies to post #41 on Marine Jet Technology Corp (fka mjet)

[dickmilde]

I would like to read a different explanation of how this is going to get done. The SEC documents are the only source of information that is considered reliable. Please refer to specific text in the SEC documents that leads you to believe this will come out different than I described. Thanks.

Dick Milde

[goosemeister]

hokiehead, you continue to respond with the same post on ragingbull, stating that that there will be "no reverse split, no dilution." how, then, do you explain that the current mjet shareholders will own 3.8% of the merged companies? there is no 3.8% figure anywhere in the current share structure of mjet. there is no figure that i can find that is 3.8% of the common shares authorized, common shares outstanding, or any other variable. if there is no current relevance of 3.8% in relation to the current share structure, then the 3.8% figure must have relevance only after the merger.

until someone can adequately address the comments i have just made, with an outcome that is still positive for the current shareholders, i will be forced to discount the overly optimistic posters who still fail to address the 3.8% figure. unfortunately, the only idea that makes any sense in regard to the 3.8% figure is that mjet will be diluted/reverse split to an amount that will be damaging. I'M NOT LOOKING FOR SOMEONE TO REHASH THE DILUTION/REVERSE SPLIT THEORY. i'm looking for someone who sees a bright side to the post-merger to explain the 3.8% figure.