And how many outstanding shares of TIGI will this great revenue stream be divided by?..You continue to avoid this subject Bob..Apparently it doesn't fit into your Pump.
Here is a consideration for you,if the share price continues to drop and Thalmanns % of company ownership increases due to the floorless deb..At what point will management give you the old poison pill song and dance? Will they issue themselves more shares to increase the ownership % hoping to retain a majority interest? (further diluting shareholders)
"ITEM 1. CHANGES IN CONTROL OF THE REGISTRANT. In connection with the
Registrant's acquisition of The Affinity Group, Inc. ("Affinity"), as discussed
in Item 2, below, Scott G. Roix, the president of Affinity and its largest
shareholder, became the Chairman of the Board and the Chief Executive Officer of
the Registrant, and now owns approximately 11% of the voting securities of the
Registrant. In addition two former Affinity shareholders, Vance Vogel and Fernur
Nihat, now respectively own approximately 7.7% and 6.2% of the voting securities
of the Registrant."
..........
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: As of November 17, 2000, of the
issuer's Common Stock, $.0001 par value, there were 78,868,556 shares
outstanding.
Now if Thalmann converts the deb to say 15mm shares..Who has the largest ownership %..Roix or Thalmann? |
