RE:RE:RE:RE:Conflict of interesr30 Sepember 2019 TEI shareholders equity 41,183,169 $
31 December 2019 TEI shareholders equity 41,183,169 $, 145,128,518 shares
31 March 2020
TEI shareholders equity ???????????
TEI shareholders can not give this sharehoders equity of 41,183,169 $ for less than 450,000 $ paid in shares of I3e at an exchange rate of 0.0281 I3e share for 1 TEI share
The I3e shareholders equity is 51,051,843 $Can (30,030,496 pounds x 1.70), 93,830,000 shares Base on shareholders equity a fair ratio is 44% of the total value of both companies together 0.44 =(41M$Can / 92M$Can) total nbr of shares 167,553,571
I3e shareholders 93,830,000
TEI shareholders 73,723,571
total 167,553,571
FAIR Exchange ration 0.508 (73,723,571/145,128,518)