This you will need to explain to the entire class
Post# of 5115
Posted On: 06/13/2016 4:52:01 PM
This you will need to explain to the entire class Smallcrap.
So you know WOGI SA is partially owned by WOGI NA how?
How does WOGI benefit from owning part of this company?
Who owns the rest?
Since WOGI paid for this to happen why does it only own part should own all of at least 95%, why doesn't it?
Since you seem to have the inside track please tell us.....
Here is your post in case you forgot
Quote:
As I was do more DD on WOGI and its CEO, I noticed the name of WOGI's new Peruvian operations very interesting. WOGI South America, S.A.A.
So I looked up the S.A.A. and look what I found. The S.A.A. means that WOGI South America is classified as a Publicly Held Corporation. I wonder why?
If you think about this, its a stroke of genius. WOGI South America being partial owned by World Oil Group, Inc. gets to take advantage of being on multiple stock markets with the US Shareholders getting the majority of the benefit.
WOGI US Shareholders can benefit from World Oil Group, Inc owning part of another public company.
So you know WOGI SA is partially owned by WOGI NA how?
How does WOGI benefit from owning part of this company?
Who owns the rest?
Since WOGI paid for this to happen why does it only own part should own all of at least 95%, why doesn't it?
Since you seem to have the inside track please tell us.....
Here is your post in case you forgot
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