OTCQB:UEXCF - Post by User
Comment by
hockeyplayeron Jan 31, 2020 8:45am
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Post# 30624568
RE:COEX SPIN OUT
RE:COEX SPIN OUTIf COEX is immediately bought out, you are 100% correct Mangoe. .
This is a non issue. Share structure will mean nothing.
But, if that doesn't happen(and I doubt that it will), I would much rather own 100K shares of COEX with a 78.8M share float, than 500K of a 394M share float.
This will be a very small, one horse company. What will happen going forward if it doesn't sell tomorrow. What happens if it goes to the well to raise more money. Dilution would then put the share structure at a rediculous #.
To new investors this will matter.
Do it now and give the shares some value.