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Bullboard - Stock Discussion Forum LottoGopher Holdings Inc LTTGF

Consumer Cyclical Gambling
LottoGopher Holdings Inc is a lottery messenger service. The company owns, operates, and maintains LottoGopher.com, an online provider of California state lottery tickets. With LottoGopher, individuals can either play along with a single ticket or create and join online public and private groups to pool winnings from California lotteries, including Mega Millions, Powerball and SuperLotto Plus. see more

GREY:LTTGF - Post Discussion

LottoGopher Holdings Inc > Share Price
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Post by CBDday27 on Mar 18, 2019 4:30pm

Share Price

My understanding based on the shareholders % Loto will have 17.5% share. Total shares were reduced to this amount. As a shareholder we take our amount we own now and multiply by 0.175 and thats how many shares we should receive in the Bravio?
Comment by GetUpAndGo on Mar 19, 2019 9:46am
I believe in an earlier release it was shown as follows; Based on an assumed 100,000 share ownership LOTO would do a 10:1 consolidation; leaving you with 10,000 shares. LOTO and Bravio then form a new entity, namely BTL. original LOTO shareholders would receive shares for BTL on a 1:1 basis, one BTL share in exchange for one LOTO share. Based on the assumed 100,000 share ownership, you would ...more  
LottoGopher Holdings Inc
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