Hey Big A, Might be a stupid question but I'll ask
Post# of 56323
Posted On: 03/22/2014 11:22:24 AM
Re: BigAddison #7977
Hey Big A, Might be a stupid question but I'll ask anyway:
The shares from PHOT have a .17 price tag on them, but doesn't this actually mean nothing?
It was used for the basis of evaluation for at the time was a 40M GIFT to FITX in exchange for
25% of CEN BIO.. The price of the stock at time of exchange means nothing unless we
immediately sell on the open market correct?
All this talk of PHOT short term drop in PPS does not impact FITX since we have a SET AMT
of shares from PHOT for the interests in CEN BIO, when we liquidate those shares is at the
option of the "Key Shareholders" which will most certainly be the most advantageous moment
for maximum value. The only way the .17 a share matters in my mind is if we would sell for
less value which would diminish the 40M deal which is not going to happen.
Anyway just curious as to why so much emphasis is being placed on this since we are WAY
in the GREEN on that deal.
Thanks.
The shares from PHOT have a .17 price tag on them, but doesn't this actually mean nothing?
It was used for the basis of evaluation for at the time was a 40M GIFT to FITX in exchange for
25% of CEN BIO.. The price of the stock at time of exchange means nothing unless we
immediately sell on the open market correct?
All this talk of PHOT short term drop in PPS does not impact FITX since we have a SET AMT
of shares from PHOT for the interests in CEN BIO, when we liquidate those shares is at the
option of the "Key Shareholders" which will most certainly be the most advantageous moment
for maximum value. The only way the .17 a share matters in my mind is if we would sell for
less value which would diminish the 40M deal which is not going to happen.
Anyway just curious as to why so much emphasis is being placed on this since we are WAY
in the GREEN on that deal.
Thanks.
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