TSXV:ISD.H - Post by User
Comment by
KingWhatsion May 05, 2015 3:38pm
53 Views
Post# 23696492
RE:RE:RE:Have we secured a MAJOR???
RE:RE:RE:Have we secured a MAJOR???Martin - you've been cursing me for years. You see Pie In The Sky, I See Reality. All this time, I have been right but you never admit it.
Now you're all dreaming of that same pie in the sky but you're overlooking the fact that the deal is to BUY WITH SHARES. You can bet it won't be with Alex's shares. It means major dilution and still without any revenue.
Frewil is throwing out a 50 million valuation - at the current 100 million share base that's 50 cents per share. After the buyout it will be 30 cents per share.
We PAID Graphic to set up the mobile network, gave them all the stuff to promote it at our expense and now we have to pay an inflated price to buy them out. It is a very sweet deal for Graphic and a rotten one for us. More bigshots with padded pockets and, oh yes...
STILL NO REVENUE!