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Resource Capital Gold Corp GDPEF

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Comment by LeftBookon Jun 06, 2019 5:02pm
40 Views
Post# 29803966

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yahoo has something for RCG chart enthusiasts

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Yahoo has something for RCG chart enthusiasts
"huge dilution" sounds very dramatic.

After an asset sale RCG could start as a debt free shell with $20M of tax credits.

It could become :
1/3 debt free shell with $20M tax credits
1/3 $20M property
1/3 $20M cash to develop the property

The company would have a $40M balance sheet and $20M off-balance-sheet assets.

I don't think it is right for owners of the shell to complain about a huge share dilution if brings in one partner with a property or another partner with cash to develop the property.

In the end you have three partners. A combined pool of assets and a combined pool of shares.

RCG has a similar structure now with debt holders instead of cash partner.
It would love an investor to pay off the debt. That investor would want shares.

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