Generative AI Solutions Corp C.AICO

PAYOUT confusion - where is rest of the money????

[deepoil0808]

The news release said that Poda will have $ 70 million Canadian after paying out all of its obligations.

They had $ 14 million in cash of which they spent $ 3.45 million to buy back equipment.    Assume another $ 1 million or so for operations as they were doing nothing.   That means cash on hand of $ 9 million without this deal.

They we have this deal of $ 55 million USD to Poda, which equates to $ 69 million Canada.

Theen we have 3,925,000 options that will get exercised at 16 cents and give company money of:  $ 628,000

We will then add 2,590,000 warrants that get exercised at 10 cents each, which gives:   $ 2,950,000

So when we add it up it comes to cash of:   $ 81,578,000.

Now for the outflow:

We have 55,747,229 shares in circulation as of November 30, 2021
We will have 3,925,000 extra shares due to option conversion
We will have 2,590,000 extra shares due to warrant conversion
We will have 42,784,000 extra shares due to invictus conversion

Total shares are:   105,046,229 shares

Poda has agreed to a payout of 40 cents as a dividend, so 105,046,229 * 40 cents =  $ 42,018,492

So where is the other:   $ 39,559,508???? in cash

Poda came to a number of $ 70 million?????

And why mention $ 1 million for new operations????

Management needs to give an accounting of these amounts???

And why are the multiple voting shares getting $ 400 each and not 40 cents each???? Does not see fair....???

My personal opinion,

[juspam1]

I agree deep this is confusing.  If we get 40 cents a share as a divedent and still have all our share in the company with 70 million in cash what will be the value of our shares?  And what are multiple voting share are they preferred shares?

[podatlis1]

yupp poda fuxed us ..im sick to my stomach..f u ryan..

[podatlis1]

so poda is done?.. they are not connected with Altria?

[podatlis1]

Why does it say on the Newswire that poda is pleased to announce what the hell are they pleased about other than they got rich you got to be kidding me there please OMG I left like got this all wrong I don't know

[CerealKiller]

I warmed you multiple times and all you did was defend your false prophet DeepOilyHiddenSecrets and immaturely run me down. You deserve this.

[juspam1]

If the total share are   105,046,229 shares divided by 70 million equals 1.50 a share

[deepoil0808]

Should come to 66 cents per share:   70,000,000 / 105,046,229 shares So where is the other 26 cents per share that we are entitled to??? Very deceitful people, stringing shareholders along with false promises of a great future all the while they are lining their pockets and giving you bread crumbs for which they want you to be thankful.  Imagine what they have in their hearts

[CerealKiller]

It's amazing that you can write what you do and not see the similarities - it's like you're looking in a mirror. Hypocrite.