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Mermaid Maritime
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destinykraze
Elite |
30-Oct-2016 20:47
Yells: "Reality is only a matter of perception" |
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news confirmed, see it fly tmr. " The Company will invest a minimum of fifty million US Dollars (US$50,000,000) and up to hundred and fifty million (US$150,000,000) in Relativity (the &ldquo Consideration&rdquo ). &bull An initial minimum of twenty seven million five hundred thousand US Dollars (US$27,500,000) (the &ldquo Initial Investment&rdquo ) will be paid based on the following schedule: o Five million (US$5,000,000) will be put into an escrow account which will be treated as the first payment for the Initial Investment (the &ldquo Deposit&rdquo ). If the Conditions Precedent as defined below are not met, the Deposit is returned to the Company. o Twenty two million five hundred thousand US Dollars (US$22,500,000) will be paid within 21 days from the signing of the Agreement, subject to Conditions Precedent. &bull An additional investment (the &ldquo Additional Investment&rdquo ) of twenty two million five hundred thousand (US$22,500,000) will be paid in tranches over five (5) months, subject to the Initial Investment having been made. The Company has the right to use any combination of cash or ordinary shares in the Investor&rsquo s listed securities for the Additional Investment. &bull For a period of one (1) year following the Closing Date (as defined below), the Company may elect to invest up to an additional hundred million US Dollars (US$100,000,000) stake in Relativity, provided such investment will obtain an equity stake as follows, if any such investment is made: o Within six months of the Closing Date (as defined below), any investment shall be calculated in accordance with pre-money valuation of Relativity being hundred million US Dollars (US$100,000,000) o After six months from Closing Date (as defined below), but within one year of the Closing date, any investment shall be calculated in accordance with the premoney valuation of Relativity being hundred fifty million US Dollars (US$150,000,000) and o After one year from Closing Date (as defined below), but within two years of the Closing Date (as defined below), any investment shall be calculated in accordance with the pre-money valuation of Relativity being two hundred million US Dollars (US$200,000,000). The Consideration was arrived at pursuant to arm&rsquo s length negotiations between the Company and Relativity on a willing-buyer, willing-seller basis, after taking into account the financial position of Relativity and its working capital requirements. The Consideration will be funded by a combination of debt financing and/or other fund raising exercise to be carried out by the Company. "
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didisiaosiao
Master |
30-Oct-2016 20:47
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All uncles n aunties asking me what is e likely opening px for yuuzoo tmr??????
I shoot bak n say........ Secret...... ))) |
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mkaung2000
Veteran |
30-Oct-2016 20:09
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News is out. http://infopub.sgx.com/FileOpen/Final_Relativity_Announcement_30102016.ashx?App=Announcement& FileID=426918 |
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yingtai
Member |
30-Oct-2016 20:01
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news out
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askthebear
Master |
30-Oct-2016 19:36
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Wait for tomorrow and let the price speaks | ||||
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huifang
Senior |
30-Oct-2016 19:33
Yells: "if God chose me as a jix, my natural ally is the Devil. !_!" |
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..."the logic of 'semi-ABL' "...?
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destinykraze
Elite |
30-Oct-2016 19:27
Yells: "Reality is only a matter of perception" |
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I think you have selective reading and like to nitpick. End of the day. People already made** $, you are not. Better question yourself. You can bring up 1 case study, people can bring up 100. Don' t waste time on penny stocks, lol. CNMC, was at $0.167, this year jan. Gold price went up by 9%, Their recent net profit up by 10%+. But their share price increased by 300-400%. Show me the logic in this.  You are obviously salty because you missed the train or shorted heavily. God bless you.
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yingtai
Member |
30-Oct-2016 19:24
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So you all got any view on whats the best price to sell? | ||||
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huifang
Senior |
30-Oct-2016 19:07
Yells: "if God chose me as a jix, my natural ally is the Devil. !_!" |
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you think you know a lot about the bbs mechanism here, then i guess you are very wrong.
bbs collection of scrips ? really necessary ? case study (below basis my memory, correct me if i am wrong) 2013, innopac anmounced RTO with Austalian diamond miner Merlin. Big News. Joseph Gutnick was mentioned, "bought stakes" in Innopac for a lot a lot of millions, quite similar in scenario, Innopac was around 17~ 18 cts , shoots up to 20 cts on this news. Later deal "was ditched" ... the rest is history where is innopac now ? its price : 0.002 and Joseph Gutnick "the tycoon" ? in July 2016, he declared himself bankrupt , with debts totalling more than $275 mil Mr Gutnick's statement of affairs, obtained by Fairfax Media , shows he owes creditors $275 mil , and has no other assets except for $16,087 in savings and a worthless portfolio of shareholdings you guys enjoy "the party" as long as it lasts and as long as there are not enough retail investors "chasing the pao pao..." in your yuuzoo, then that's it... "party's over and game over" i like didisiaosiao for his honest approach and honest positions of strategies unlike some who claimed an orange look like a diamond when an orange is in reality an orange
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didisiaosiao
Master |
30-Oct-2016 19:04
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Zhun bo???? Rto????? I juz tell aunties n uncles in my kopitiam n they all chio beebee.
They told me e sceneries on e luxury y(yuuzoo)acht is world class......
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destinykraze
Elite |
30-Oct-2016 18:42
Yells: "Reality is only a matter of perception" |
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People here only interested in earning $. If you spent your time doing some technical analysis and holistic analysis on this counter which has obvious collection of scripts by BBs. You would have made tons of $ like i did. Instead, you spent your time arguing about worthless things, if you had used your time well, you wouldn' t have lost so much $ on rowsley, an obvious bad counter.  
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askthebear
Master |
30-Oct-2016 18:35
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A share placement will be done at 0.25. | ||||
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askthebear
Master |
30-Oct-2016 18:33
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They not choose lenovo reason simple, they want a RTO and get listed back door | ||||
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Redstar8730
Master |
30-Oct-2016 18:29
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Askthebear, are you sure 20ct tomorrow morning?
Not 23ct, 25ct or ++? Shortists cao tar liao. Tomorrow shortist will need to bid higher & higher to cover their backside. |
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askthebear
Master |
30-Oct-2016 18:07
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Hui fang I am sorry to tell u, I do not believe u are so nice to warn others as everybody has its own selfish and I believe u have a short position, and hopeful everyone listen to u. But I think u will be wrong as tomorrow opening will be 0.20 . Want to bet | ||||
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askthebear
Master |
30-Oct-2016 18:02
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This guy I am quite sure has a short position in yuuzoo. Sorry to disappoint u, that the news is confirmed and it's
Doing a RTO. U will see tomorrow tomorrow opening will be 0.20 |
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huifang
Senior |
30-Oct-2016 17:35
Yells: "if God chose me as a jix, my natural ally is the Devil. !_!" |
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well, let's see lor
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didisiaosiao
Master |
30-Oct-2016 17:26
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Jin sit si siao lang........ But an entertaining one...... Hahhahahahahhaahaaa.....
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PinPoint
Member |
30-Oct-2016 17:24
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This shows that you are easily influenced and talking rubbish all this while.  Is that  your principles? If you think the report is fake and last Friday surge does not justify and you have not vested, just share your thoughts and stay neutral. No need to boast about your principles or whatever Chinese connection you have. Otherwise you would be a millionaire by now and have better things to do then arguing here.
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huifang
Senior |
30-Oct-2016 17:12
Yells: "if God chose me as a jix, my natural ally is the Devil. !_!" |
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i was intending to join the fun with ddss, until i got a personal insult from tsbk which makes one very unhappy ...
i have my rights of choice , right ?
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