Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Henriquez who wrote (1094)	12/16/1997 1:01:00 PM
From: Tony	Read Replies (2) \| Respond to of 6654

This is also complete speculation... My understanding is that when you do a merger like this, an agreement is reached by which the shell shareholders recieve xx% of the company, and the private corp holders recieve yy%. for example: If after the merger the board wants say 10Mil shares outstanding, the agreement was for the shell to get 20% of the company, 8 mil shares would be issued to the Private corp holders, and 2 mil to the shell. As a shell holder, I get my shares / 45 mil (our outstanding) * 2 mil shares in the new co. I personally don't care all that much. This isn't a reverse split where you invariably get hurt, we're about to have shares in a totaly new co. and 20000x$1 = 2000x$10. JMHO, -Tony