GREY:ZMSPF - Post by User
Post by
schelbibbeson Dec 25, 2019 5:42am
119 Views
Post# 30489607
I will tell you how it will go ...
I will tell you how it will go ... 1. this transaction is being carried out
"The CVR's would permit shareholders of Zecotek, as of a pre-determined record date for a special meeting that will be called to approve the Dispositions, to receive the certain payments upon the occurrence of an M&A transaction undertaken by ZIS or ZDS or their shareholders. The aggregate payment under the CVR (before any required tax withholdings) would be equal to !!! 15% !!!! of the total consideration received by ZIS or ZDS or their respective shareholders in connection with an M&A transaction undertaken !!!! within three years !!!!! from closing of the sale of ZIS and ZDS."
2. in the next 3 years after the transaction NOTHING will happen, the CVR will expire and you all are OUT!!!
3. even if you have very good luck you only get ridiculous part of 15% of a deal
4. the shareprice of the "new" company will go zero immediately
And then your total loss is perfect!