I agree with the double counting part of it and th
Post# of 11040
Posted On: 09/21/2015 1:29:15 AM
Re: phx_invest #2807
I agree with the double counting part of it and that our calculations both made reasonable assumptions. In reading what we both wrote again, I think either way that we reach that number is not important really. What I was really getting at which I may have not explained is that the number provided by the TA probably includes shares that were not retired. COR complaint states they believe a minimum of 177 but believe most of the shares were purchased by CRGP before dividend. If any of that is true, regardless on how we calculate, we would be talking about CRGP purchasing and additional 100m-250m shares prior to August 24. This means either there were additional conversions (for OS to remain that high on August 24) or more likely, TA information indicated OS (including shares not retired). A general assumption can be made OS was significantly lower due to these known purchases.
IMHO OS 130m-200m max (after share retirement). The underlines are just for emphasis, not trying to be rude.
IMHO OS 130m-200m max (after share retirement). The underlines are just for emphasis, not trying to be rude.
(0)
(0)Calissio Resources Group, Inc. (CRGP) Stock Research Links
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.