All, Series C Preferred Shares subscription see
Post# of 22940
Posted On: 12/27/2016 2:02:38 PM
Re: smartmoney #16745
All,
Series C Preferred Shares subscription seems pretty easy to understand. For those that got a package see Exhibit B of the promissory note. That seems to explain it the best. Each share has a stated value of $500 and TPAC SH must purchase a minimum of $1,500, or 3 shares. If you redeem the shares after 6 months you get your money back plus 25%. After 12 months you get your money back plus 50%. After 18 months you get double your money back. These are excellent returns. Based on the hype from TPAC about the MRVB it seems like they expect to make more than these types of return; therefore, I can only assume they will keep the excess as revenue. TPAC benefits and the shareholder benefits. The money must be wired directly to TPAC, and they will use all funds received directly in the MRVB.
The only decision TPAC SH need to make is: Is it better to invest in the Series C Preferred Shares or simply buy more TPAC common shares at these low prices? That is an individual decision.
Series C Preferred Shares subscription seems pretty easy to understand. For those that got a package see Exhibit B of the promissory note. That seems to explain it the best. Each share has a stated value of $500 and TPAC SH must purchase a minimum of $1,500, or 3 shares. If you redeem the shares after 6 months you get your money back plus 25%. After 12 months you get your money back plus 50%. After 18 months you get double your money back. These are excellent returns. Based on the hype from TPAC about the MRVB it seems like they expect to make more than these types of return; therefore, I can only assume they will keep the excess as revenue. TPAC benefits and the shareholder benefits. The money must be wired directly to TPAC, and they will use all funds received directly in the MRVB.
The only decision TPAC SH need to make is: Is it better to invest in the Series C Preferred Shares or simply buy more TPAC common shares at these low prices? That is an individual decision.
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