Post by
SlickWilly48 on Jul 10, 2024 11:08am
1 NEW FOR EVERY 100 OLD SHARE CONSOLIDATION COMING....
I believe in the near future a share consolidation of 1 New share for every 100 old shares will take place. This is why the share price is being held at 1 cent. As such the new shares of TVI will trade at 1 dollar per share. The price might even rise a little after the share consolidation. Next move will be for TVI to purchase TVIRD in a reverse ALL share takeover. This will once again swell the number of TVI shares to the point that the new TVI will once again do another share consolidation , maybe this time 1 New share for every 10 old shares. This will result in TVI's shares being deluted further. Now TVIRD will be listed on a stock exchange without a delay and costly exchange and legal fees that would have to be paid if TVIRD applied for their own listing. Now the original TVI shareholders will be diluted to almost nothing , but the shares will finally trade with some value as TVI will finally have direct ownership of TVIRD's mines. As such at this point I feel the new consolidated TVI shares will trade with some value , but at a cost to the original TVI shareholders. In turn Mr Villar and his friends will make large amounts of money. Well done to Mr. Villar. After all Mr. Villar now owns the majority of TVIRD and TVI. As such what the future holds for TVIRD and TVI is in Mr Villars hands , and we the shareholders of TVI are at Mr. Villar's mercy. In the case of TVIRD and TVI Mr Villar has absolute power and absolute power can corrupt? Since the June 27 , 2024 GM , the market has basically ignored the results , there has only been minor volume and TVI continues to be flat trading at 1 cent. Any time TVI moves to 1.5 cents it is quickly knocked back to 1 cent. The fact that TVI has not moved up in price since the GM and the volume is low , I believe means that the market feels there is no money to be made here because Mr. Villar has such a grip on TVI and TVIRD. A takeover bid will probably happen and I feel the offer will be 3 cents per share at the most but probaly less.This is only my opinion as the are other possibilities for the future of TVI , but I am a firm beleiver of prepare for the worst but hope for the best! Good luck to all TVI shareholders
Comment by
stever50 on Jul 10, 2024 12:12pm
That's sounds like it would reduce us to zero pretty well
Comment by
JimmyVus on Jul 10, 2024 12:33pm
A share consolidation will NOT dilute our shares. Issuing shares to purchase TVIrd will but the Original TVI shareholders will still own 30.66% of the overall shares. Exactly what it should be. With respect, I disagree with your post. We should see a massive increase in the value of our shares if this all plays out.
Comment by
stever50 on Jul 12, 2024 9:59am
I agree if this splits even 10-1 u will never see your money back give us the .03. Get it over with
Comment by
stever50 on Jul 12, 2024 12:10pm
Does any one know if cliff still ask shares