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Metaverse Capital Corp GBCHF

Metaverse Capital Corp is a Canada based cryptocurrency investment company. It is involved in operating mining facilities in several countries, running master nodes and service nodes on blockchain networks, and providing witness services for consensus protocols. The company also offers blockchain-related technical and professional services to select parties as clients.


GREY:GBCHF - Post by User

Post by Grinder57on May 25, 2019 1:13am
158 Views
Post# 29772811

Question on GGAM shares as part of

Question on GGAM shares as part of
the transaction with Golbal Blockchain technology ..... The way I understand the structure of the deal with GGAM and the former Global technology company is: 1. Global Gaming with be issued 225 million shares of the entity of what is trading as FORK presently and as of today 5-24 has a name change of Metaverse. My question is will of the 225 million shares issued, does that include an allotment for all of the shareholders of record in early December as well as the shares GLOBAL GAMING will retain? In other words will Global Gaming keep something like 175 million of the 225 million and 50 million are to be distributed to all the retail investors of record in early December. If it is something like this , then for every .01 cents the shares rise in FORK, GOLBAL GAMING and the qualifying retail investors of record will have a paper gain of $2.25 million dollars collectively ! I believe there will be some additional dilution once all these crazy share amounts are distributed and maybe some concern after the 4 month holding period there could be some unloading of the shares to create some liquidity either by the Global Gaming and or the retail investors... With everything that seems to be shaping up for FORK, I think it would be pretty stupid to liquidate shares at these low levels .. I nderstand the retail investors will be receiving approximately 6 shares of FORK for every share held in GLOBAL GAMING as of the early December qualifying date. Will be nice when the dust settles and everyone is granted what has been promised so it will become crystal clear for current and potential future investors in each company! All of the above is my opinion only and seeking confirmation of current share structure between both companys ! GLTA
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