Posted On: 09/21/2015 3:06:22 PM
Post# of 11038
"who cares, our shares are now part of milagros share structure"
"company already confirmed this when i asked for investor package
they asked me for proof that i owned crgp shares and after explained i am now milagros investor"
"yes milagros will be paying quarterly dividends, that is why i am so happy"
"there is no purchase price, our crgp shares just get rolled into milagros shares structure"
"good thing is milagros will be paying quarterly cash dividends"
Looks like Lilly was in touch with the company! Honestly at this point risk has increased in my book significantly. Spoke to FINRA and they said that their approval process while it does try to protect investors, their role is of a regulator but mainly puts the public on notice which to me was not to reassuring. If there are dividends great, but if you go into this thinking your entire investment might not go down the drain you are kidding yourself. Still deciding on what to do....... I was expecting a cash offer but with a share exchange I don't know exactly how these naked shares play out.
"company already confirmed this when i asked for investor package
they asked me for proof that i owned crgp shares and after explained i am now milagros investor"
"yes milagros will be paying quarterly dividends, that is why i am so happy"
"there is no purchase price, our crgp shares just get rolled into milagros shares structure"
"good thing is milagros will be paying quarterly cash dividends"
Looks like Lilly was in touch with the company! Honestly at this point risk has increased in my book significantly. Spoke to FINRA and they said that their approval process while it does try to protect investors, their role is of a regulator but mainly puts the public on notice which to me was not to reassuring. If there are dividends great, but if you go into this thinking your entire investment might not go down the drain you are kidding yourself. Still deciding on what to do....... I was expecting a cash offer but with a share exchange I don't know exactly how these naked shares play out.
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PLEASE READ IF YOU READ MY POSTS
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
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