RE:RE:RE:RE:RE:RE:RE:100$ stock pricecrow27 wrote: Thanks Mugs,
People are always concerned of how many AH shares there are but that is irrelevent to ATE shareholders That AH share count is only important to the owners of AH when they split the proceeds of a sale. They could of actually had it in a percentage instead of a share count.
Means nothing to us. What is the
most important is the dollar value they are asking and if it is fair to ask that amout.
We need to combine the 2 companies as that is where the big bucks are. ATE could issue shares or cash on hand or a combination. If it's worth what they say it's worth it no matter what that number is and as long as the market considers it fair then we have no problem in aquiring it as our share price will not miss a beat.
IT HAS TO BE FAIR market value!! I have no idea what that number is?
I don't think people are concerned with the internal ownership of Holdings per se, but more with the dilution to ATE SHs if a consolidation were to be done with the issuance of shares.
Holdings is not a publicly traded company. It has an address in Cochrane Alta, but I suspect that is just a mailbox. I don't think it has any permanent staff. Maybe an accountant and lawyer on retainer to handle arisings. When I tried to look up a phone number a while back, I got Antibe's head office number in Toronto. I think it owns about 5% of Antibe.
If a consolidation were to be done by way of dilution only instead of cash (either upfront or from future milestones), then Wallace and LeGault would definitely gain as AH owners. But they would lose twice by dilution through their direct ownership in ATE and their proportional ownership of AH's 5%.
I think they both would prefer cash over shares, for many reasons, and might be amenable to a lower price if some or all of the deal were paid in cash.
And as someone previously commented, a consoldidation is only necessarily required in the case of a sale. So no rush here.