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Posted On: 12/09/2020 11:21:06 PM
Post# of 36554

Re: OrlandoJohn #24352
From post 24329
6) If the shares IPO w some quantity of the 400MM shares retired to achieve the $4/sh, Joe will still get 3-digit $MM in capital from a ~20% sale, and our div holdings will amount to a larger % ownership in the company, since they are a fixed quantity.
6) If the shares IPO w some quantity of the 400MM shares retired to achieve the $4/sh, Joe will still get 3-digit $MM in capital from a ~20% sale, and our div holdings will amount to a larger % ownership in the company, since they are a fixed quantity.


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