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eddy2

03/30/12 11:18 AM

#27088 RE: gbb777 #27086

Sly it dosn't work that way. if you merge two companies each with 7% profits it dosn't mean your going to now get a company that will have a 14% profit and if it did then your bond will be even more junkier then at a 7% profit return as we discused yesterday.


Now your therory that the S# filling is stated there was to be only twenty million shares issued should it be a reversal and if not then a four hundred million share count not that counting up S1 at ten million and S2 at ten million equals 20 million when there is a refersal between the two offerings were ten million was borrowed due to your other mentioned therory that it is the company that puts out the news and it is the company responsibility to issue new shares and because they had issued all the shares in a forward split that were borroed then a referse split must mean they are in fact going backwards and borrowing shares from the share holders this time around and must owe those share holders the shares and that is the D at the end of the balance sheet when in fact my thinking is that it is what is owed to the shareholders to have a return on there investment.



Well Sly our two heads do think differently one wants to get in and one wants to get out of the deal but I will say I am much farther ahead in my logic of thinking but your starting to get to me were I'm thinking I should sell my short position and pay the tax's owed but for me with my reserve status I'm in a good place.