Yes....the Financials are what's needed for the RS
Post# of 2913
Posted On: 12/17/2016 3:54:44 AM
Re: 10baggerinvestor #197
Yes....the Financials are what's needed for the RS and to complete the reverse merger. PixelMags is already a subsidiary of Solaris/SPCL which happened around end of MAY. That's "part of" the reverse merger process.
Also from the 8K:
https://www.sec.gov/Archives/edgar/data/14117...orm8-k.htm
The closing of the transactions under the Exchange Agreement (the “Closing”), occurred on about May 31, 2016 following the filing of the restated articles of incorporation of the Company However, the consummation of the Reverse Stock Splits was deferred by the Company.
The Reverse Stock Splits are anticipated to occur on or about January 31, 2017
I feel very confident the RTM will complete in 2017 Q1 and will we see the SPCL shell name / ticker change, new CUSIP and shares trading on the NYSE or NASD.
The valuation of PixelMags divided by the new low OS of about 18.3M shares WILL provide minimum share price of $4 for listing on NYSE or NASD! Then throw in the P/E at 4 times - look-out!
Also keep in mind there mostly will be a "Holding Period" to allow PixelMags shares to settle into the market. The current SH's of SPCL shares that stay with the complete merger process, may not be able to sell their new exchanged shares of PixelMags for about 6months.
I continue to buy these very CHEAP SPCL shares!
All the very best,
R2R
Also from the 8K:
https://www.sec.gov/Archives/edgar/data/14117...orm8-k.htm
The closing of the transactions under the Exchange Agreement (the “Closing”), occurred on about May 31, 2016 following the filing of the restated articles of incorporation of the Company However, the consummation of the Reverse Stock Splits was deferred by the Company.
The Reverse Stock Splits are anticipated to occur on or about January 31, 2017
I feel very confident the RTM will complete in 2017 Q1 and will we see the SPCL shell name / ticker change, new CUSIP and shares trading on the NYSE or NASD.
The valuation of PixelMags divided by the new low OS of about 18.3M shares WILL provide minimum share price of $4 for listing on NYSE or NASD! Then throw in the P/E at 4 times - look-out!
Also keep in mind there mostly will be a "Holding Period" to allow PixelMags shares to settle into the market. The current SH's of SPCL shares that stay with the complete merger process, may not be able to sell their new exchanged shares of PixelMags for about 6months.
I continue to buy these very CHEAP SPCL shares!
All the very best,
R2R
(3)
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