Post
Topic
Board Securities
Re: [HAVELOCK] CasinoBitco.in CBTC Official Thread- ACQUISITION NEWS & OFFERING!
by
casinobitco
on 20/12/2013, 03:10:50 UTC
Just to clarify - I probably missed this.

What was the disposition of the 27,000,000 units specified as 'privately held' in the prospectus?

Is this new offering diluting of the original 30M issued units - or were some of those unsold 27M shares issued into the treasury - if so, how many?

Basically - is 1 unit sold in the current offering still equal to 1/30,000,000 of the profits of the company? If so, this would be additive so long as it produced any revenue at all... if not, why not and what is the new number of total issued units?

Good question, and we should have clarified - no dilution whatsoever, the founders (myself and other silent partners) are giving up equity to make this acquisition happen by releasing more units to the public (float). 1 unit still represents 1/30,000,000 of CasinoBitcoin.