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TenKay

10/09/12 12:12 PM

#70978 RE: IronPantz #70951

To allow the Investment Banker to fund it by way of a Private Placement and then a selling shareholder registration statement. In addition, it would allow that company to issue the balance of the percentage to Global Shareholders in the amount of equity held.

Not sure where the above came from...but if it is correct...it's pretty clear that GTGP common shareholders no longer have 100% interest. Any investment entity is not going to give a rip about GTGP common shareholders.

There is a reason no investment banker would fund an acquisition by a pinkie. The only question is how much is left for GTGP shareholders?

And as a rule of thumb, if you can't find out the answer from a pink, it is likely a lot less than you think.