ALX Resources Corp V.AL

So?

[MRG]

No news? No reactions? No controffensive bidding? It's dead !! Give me 1/4 of the new company and I will be happy,

[benn10]

They always say , trust in management, boy was I wrong!!

[Troyhorse]

Have been trading for over 20 years now, My view is Management never cares for retail inverstors. We are at the bottom of the food chain DYODD

[Troyhorse]

With a float of  248 M shares we get 25% of the new company? Greenridge and ALX shareholders will own approximately 74.2% and 25.8%, respectively, of the common shares of the combined entity. WS is behind this weird marger IMO 

[flush777]

(Dark) Troyhorse, you may well be correct. I will give you a thumbs up here! Good comment.

[flush777]

For simplicity, WS = 4 / 248 million ...

[hiram_key]

20 to 1 rollback alx shares buy's 25% of new shares 

[Troyhorse]

Ask WS if he things this is a fair offer, and he probably will tell you it’s great.   WS has over 4M shares but he may not care to move them at .037 equivalent as he will be the President of Greenridge with great a salary, shares and option on the side of who owns the other 75% of the company. He will have many opportunities to make his money back from  his ALX shares which only