RE:The Take-Over'REAL WORLD' EXAMPLE
Note:- Share amounts (and price) are approximates only.
Andrew Schutte 17,000,000 shares
Remaining shareholders 50,000,000 shares
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TOTAL SHARES 67,000,000 shares
In order to own 92% of Replicel, Andrew Schutte would have to buy:-
If 8% = 50,000,000 shares
Then 100% = 625,000,000 shares (50,000,000 shares x 100/8)
Shares Needed to Buy 92% = 625,000,000 shares - 50,000,000 shares - 17,000,000 shares
= 558,000,000 shares
Cost to purchase 558,000,000 shares @ $0.05 per share = $27,900,000.
'Offer to purchase' valuation of the 558,000,000 shares = $0.00
Difference = $27,900,000. - $0. = $27,900,000.
CONCLUSION:- GREAT DEAL FOR ONE PERSON - THE PERSON WHO STANDS TO BE THE BIGGEST LOSER AT THE PRESENT TIME.