Some thoughts on the share structure at the spin o
Post# of 56323
Posted On: 01/30/2015 11:06:49 AM
Some thoughts on the share structure at the spin off.
First, remember that NO ONE KNOWS at this point what will actually happen at that time, and there are MANY variations of the structure that could happen. Only Bill, and the BOD at this point know what they have as a vision moving forward.
Now, that said, to me, what makes sense if CEN wants to uplist to a higher exchange then of course the price per share would need to meet certain requirements and for an extended period to show that they can maintain that pps and it is not just a spoof to list there.
The reason for that is to protect investors by proving stability.
So, the ratio at which the shares will be given to existing sharholders of record will be dependent on which exchange we decide to go to. The higher the exchange, the higher the conversion numbers will be.
Since we do know this will be a pro rata situation, then we also know that the exchange rate in the conversion will be equal to the amount, percentage wise, or, money wise which each shareholder will own at that time.
Example as follows:
If it is determined that the newly formed company wants to have a 350 million outstanding share structure then the current ratio would be that you would receive 1,000 FREE shares, for every 10,000 shares of FITX you own at that time.
Some may bitch about that, but, before you do, remember, these are FREE shares paid out like a dividend. It is a win , win situation.
Some of you have been crying about the fact that you did not invest in a supplement company. Sorry....yes you did. Or, you know nothing about the company and didn't when you bought it.
So, if you don't want to be involve in that....it is easy, simply sell your shares once the transactions are complete, and buy more of CEN with the money. There is no loose in this proposition in my view.
The above ratio is based on a 10 : 1 structure, or, you will receive one share of CEN for every 10 shares of FITX owned.
To me, considering the type of business that CEN is and will be going forward, a 350 million OS is pretty reasonable. Especially with all of the interest in this happening ass company.
The above is simply my views on this subject and for food for thought only. Any thing can happen and normally does outside of what I guess at. GLTA
First, remember that NO ONE KNOWS at this point what will actually happen at that time, and there are MANY variations of the structure that could happen. Only Bill, and the BOD at this point know what they have as a vision moving forward.
Now, that said, to me, what makes sense if CEN wants to uplist to a higher exchange then of course the price per share would need to meet certain requirements and for an extended period to show that they can maintain that pps and it is not just a spoof to list there.
The reason for that is to protect investors by proving stability.
So, the ratio at which the shares will be given to existing sharholders of record will be dependent on which exchange we decide to go to. The higher the exchange, the higher the conversion numbers will be.
Since we do know this will be a pro rata situation, then we also know that the exchange rate in the conversion will be equal to the amount, percentage wise, or, money wise which each shareholder will own at that time.
Example as follows:
If it is determined that the newly formed company wants to have a 350 million outstanding share structure then the current ratio would be that you would receive 1,000 FREE shares, for every 10,000 shares of FITX you own at that time.
Some may bitch about that, but, before you do, remember, these are FREE shares paid out like a dividend. It is a win , win situation.
Some of you have been crying about the fact that you did not invest in a supplement company. Sorry....yes you did. Or, you know nothing about the company and didn't when you bought it.
So, if you don't want to be involve in that....it is easy, simply sell your shares once the transactions are complete, and buy more of CEN with the money. There is no loose in this proposition in my view.
The above ratio is based on a 10 : 1 structure, or, you will receive one share of CEN for every 10 shares of FITX owned.
To me, considering the type of business that CEN is and will be going forward, a 350 million OS is pretty reasonable. Especially with all of the interest in this happening ass company.
The above is simply my views on this subject and for food for thought only. Any thing can happen and normally does outside of what I guess at. GLTA
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In times when you feel low self esteem, disappointment and perhaps even depression.......keep in mind that it may simply be the result of the fact that you are surrounded by ass holes. GLTA
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