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Bullboard - Stock Discussion Forum Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.

GREY:SXHHF - Post Discussion

Technologies Sonomax Inc > 100 million ValueLink Shares?
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Post by CurlyMick on Apr 23, 2013 10:10pm

100 million ValueLink Shares?

I must have missed something. I thought Sonomax stated that ValueLink's participation was being organized to ensure that it wasn't dilutive for the shareholders.

 

Now I don't know for certain that the chart below which I copied from Agoracom, is correct or not, but it clearly shows that the total O/S shares are now 481+m.

 

Perhaps that this would have been the plan before the $10million idea collapsed...and the 100m shares weren't provided to ValueLink after all. After all, the Agoracom link is from February so I'm guessing that the Agoracom hub leader must have just forgotten to update this chart.

 

Anyone have any knowledge on this subject?

 

If this is indeed fact, someone has some explaining to do.

 

Here's the link:

 

https://agoracom.com/ir/Sonomax/forums/discussion/topics/545775-investing-in-sonomax/messages/1773719#message

 

Comment by mcgillstocks on Apr 24, 2013 12:19pm
The information released through press releases and comments Nick made during interviews contradict each other. If Valuelink gives them 10 million, what will they receive in return. Originally shares were involved, but the last press release mentioned that they would not dilute the shares further. Does not really make sense. They can perhaps share the revenue derived from any sales. Either way, if ...more  
Comment by CurlyMick on Apr 25, 2013 12:31pm
If you're right McGill, I think it's going to happen very soon. It's just too quiet IMHO. No one else has tried to interpret or guess what the reality is based on the conflicting info....or challenged the info posted by the hub leader on Agoracom.   I hope that Ice gets the .05 he's hoping for.
Comment by TheIceMan3 on Apr 26, 2013 1:17pm
Me too :)   Ice
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