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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by myNEXTmillionon Sep 08, 2012 1:14pm
237 Views
Post# 20337608

RE: RE: 48.2 million shares?

RE: RE: 48.2 million shares?

"I think 12,495,734 out of  48,179,730 new shares will belongs to the company which represent 25.93% and it's normal that Yellow Media Inc holds a portion of the outstanding shares."

 

No, it's not normal.  YPG is authorized to issue an UNLIMITED number of shares per the 2011 documentation I have seen, so why would they need to hold shares?

 

Bullboard Posts