Replies to post #82 on Marine Jet Technology Corp (fka mjet)

[dickmilde]

Maybe this helps...

"In the exchange, the Company will issue shares of its common stock to Antik Members in such amount so that, immediately after giving effect to the acquisition, the Antik Members will own in the aggregate 95.8% of the Company's issued and outstanding shares of common stock on a fully diluted basis."

Assuming current shareholders hold 21 million and Antik holds none how many shares do you think need to be issued to Antik for the above statement to be correct?

I agree that they haven't issued them yet but when an SEC document is filed saying they will then I believe it's going to happen.

Dick Milde

[goosemeister]

-the current stockholders of the Company are expected to own approximately 3.8% of the issued and outstanding common stock after completion of the transaction with Antik.

what do you think that means? it seems cut-and-dry to me. when i also consider what keating himself told me by way of email (dilution to 700,000,000+), i am not going to remain a shareholder who hopes that keating was misleading and hoping that i happen to sell the shares before the dilution occurs.