GREY:TSCAF - Post by User
Comment by
pppon Jul 12, 2013 3:30pm
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Post# 21605059
RE:RE:RE:RE:merger
RE:RE:RE:RE:mergerSeeing as DZR is worth maybe what amounts to the 4 mil debt and nothing else.
What if they issued warrents instead of shares. TUS takes over the debt and issues 30 mil warrents instead of shares. Lets say the strike of the warrents was 12 cents. This would allow all DZR share holders to take part in the upside of anything above 12 cents. And as management owns most of the shares it would give them incentive to make sure TUS don't turn into the same gong show that DZR did.
As far as the rollback, we want no part of that. The deal at the moment sucks as far as the TUS shareholders are concerned and IMO dosen't have a snowballs chance in hell of passing as is.