OTCPK:MEAOD - Post by User
Comment by
trebuh16on Jan 23, 2017 6:26pm
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Post# 25743994
RE:re--consolidation
RE:re--consolidation the Share consolidation Is done to attract A buyer. The new share Will be Valued at 0.70 with 52 million Shares Fully diluted.
A 60-65% premium Will Value the company At $65 million + the debenture = $75 millions. Osk Will offer 15 millions Shares @ $5.00 to get it. Great deal. Growing reserves and cashflow.
Or MTO Will do A PP of 25 millions Shares @ 1.00 per share for the debenture, the mill expansion and exploration work. Then 3 groups Will have control over 51%. JMHO