RE: Shareholders Vote On Eurasia's Proposed BusinYou don't have to go through a lot of paperwork. It is clear from the news release that after the Acquisition of Charaltyn shares the existing Eurasia shreholders will hold 7.73% of the 153,130,195 outstanding shares.
It seems from the release the first step is to consolidate at 10 to 1
the existing EGX shares.
"Eurasia is also pleased to announce it has entered into a definitive acquisition agreement with the shareholders of Charaltyn with respect to the proposed purchase of all of the outstanding shares of Charaltyn on the basis of one post-consolidation common share of Eurasia for every 21.2 shares of Charaltyn.
The post consolidated EGX shares will equal 21.2 Charaltyn shares. The want to consolidate at 10/1 reverse split prior to the acquisition and we get to vote.
If we don't consolidate 1 EGX share will = 2.12 Charaltyn shares.
They probably feel it is easier to consolidate prior to the acquisition and amongst the confusion. After the acquisition it will probably be more difficult to consolidate. Then all the Charaltny shareholders will get to vote and they would not like it either.
We get to vote prior to the acqisition and on the 10/1 reverse split. WE have 100% of the EGX shares prior to the acquisition.
We have 7.73% after the acquisition. WE VOTE PRIOR.
We force them to acquire Charaltyn shares at 2.12 to one. After that if they wnt to consolidate they must include all shareholders including the existing Charaltyn shareholders.
They are trying to be sneaky and consolidate prior to exclude the majority of the vote that they probably won't get.
That being said between the three of us we will need mor support.
Let's see who else comes on board. I doubt you will see Goldfields as he may not even be a real person, only a plant.