Replies to post #7438 on Pegasus Tel Inc (PTEL)

[cashclan]

So...



By doing a Tax exempt spinoff of...

PTEL from what I'm reading has cleared...

PTEL and ENTI of the need to hold open 11.99 billion shares in there A/S for divvy's...

So then once complete...

If the A/S of PTEL is listed at 2.8 billion from 19.99 billion...

Tony owning 2.4 billion...

Then the O/S would be 300,000,000...

Effecting a 19% price adjustment...

So then 19% applied 1st gives you a .0038 pps...

Our little test flash I presume...

Followed by a ruffly 67% pps adjustment once divvy's are complete...

Which if applied, 2nd gives you a pps of .2546


imo