Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Giggles And Hugs Inc GIGL
(Total Views: 474)
Posted On: 12/09/2017 10:48:48 AM
Post# of 3935
Posted By: Honeycomb777
Ranger - why couldn't you have an interested investor plunk down approx 183k and own just under 5% of the company with 7.3M shares.

If/when rights offering comes, why couldn't same investor purchase another 21M shares at around 2 cents and spend another 420k for full control ?

Then he/she would call for a vote at next annual meeting and put in a new CEO. PPS would skyrocket. Seems like a relatively small amount of money to spend to gain voting control of a really GREAT concept, no ? Talkin about a 600 - 625K outlay to own over 28M shares ??

** Hate the dilution but I doubt the offering would garner more than another 380K, so what does Joey get/do with only $750-800k raised in total? Can't really do much in terms of expansion - maybe just keep the lights on a little longer. Dilution wouldn't be good, though

Don't forget some of the raise goes towards commission as well













(1)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site