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Tamtam

12/15/12 4:09 PM

#268121 RE: dbernet #268118

Did a quick math and here's some of it

If SEO has 43% of the current 738.9 million shares he got 317 mill and can subscribe to 105 mill totaling in 423.6 mill which remains excactly 43% of the 985.4 million shares after fully subscription. In order to have a controlling interest he needs to buy an additional 78.8 million shares (8%)
Tamtam


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Julius Erving

12/16/12 6:27 AM

#268139 RE: dbernet #268118

Some carries may be in our future, but I doubt very much there will be enough excitement to provide the kind of carry we have in the JDZ.


One would reckon that Kenya is hotter than the JDZ ever was?
I truly hope that there is plenty of interest in this block, but that ERHC (OFFOR!!!) wants to take the new gamble himself...