There will be no communication until the matter ha
Post# of 11039
Posted On: 11/16/2015 4:42:52 PM
There will be no communication until the matter has settled with COR or they find a way to neutralize any potential "attacks" from them.
The thing is the market won't know until its too late. Thats how it always happens. Negotiations have a lot more to them than what the market knows and settlements have conditions. For example, COR can agree to drop suit once it recovers say 50% of its net losses (less the gains their clients had) through dividend payments for example. CRGP could potentially say we are planning on a div on such date but if we don't settle, nothing will ever come to anyone. COR would be greedy and quite dumb not to try to settle.
Supposing COR's true losses are 3m (Im not checking pleadings again but I know stock was sold so COR should collect those gains from its customers... I would think that would be negotiated as it would be fair) then in this example dividends would have to total 1.5m. With 150m shares it would all settle without assuming any movement of the stock. The rest would then be recovered through additional div payments or selling stock (CRGP could agree with them to repurchase stock at price in which it was given to COR after it recovers fully for example).
ALL IMHO
The thing is the market won't know until its too late. Thats how it always happens. Negotiations have a lot more to them than what the market knows and settlements have conditions. For example, COR can agree to drop suit once it recovers say 50% of its net losses (less the gains their clients had) through dividend payments for example. CRGP could potentially say we are planning on a div on such date but if we don't settle, nothing will ever come to anyone. COR would be greedy and quite dumb not to try to settle.
Supposing COR's true losses are 3m (Im not checking pleadings again but I know stock was sold so COR should collect those gains from its customers... I would think that would be negotiated as it would be fair) then in this example dividends would have to total 1.5m. With 150m shares it would all settle without assuming any movement of the stock. The rest would then be recovered through additional div payments or selling stock (CRGP could agree with them to repurchase stock at price in which it was given to COR after it recovers fully for example).
ALL IMHO
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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.