Post by
steel12 on Mar 28, 2016 1:10pm
GEM value
Does anyone have an idea how long it will take before a price is issued to our GEM shares?
I do believe that GCO will be good to us in the end , GEM ????
Comment by
Winwarrior on Mar 28, 2016 2:51pm
GEM is somewhat of a wild card as it must go out and find some properties / opportunites that it can commercialize, etc. The upside is that at least it will have far fewer outstanding shares than GCO and so we will start out with a smaller stock float
Comment by
Lucentio on Mar 28, 2016 5:57pm
how do you get lesser shares for GEM? It was one GEM for each GCO
Comment by
Dirt2Oil13 on Mar 28, 2016 7:41pm
If you bought GCO shares after closing date.I have less Gem shares for that same reason.
Comment by
Winwarrior on Mar 28, 2016 8:41pm
Correct but IMHL owned about 30million shares of GCO and the deal was that with the split IMHL would not get any GEMC's hence I believe GEMC will have only 70 million odd shares when it starts to trade.
Comment by
crude on Mar 29, 2016 7:33am
Any contact with the company, i have not recieved any response as of yet