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Originally Posted by Skullkrusher
(Post 2709967)
As of right now, you could buy @ 40 cents a share so the market capitalization is about 1.74 million. Of course if you start buying huge blocks you'll drive the price up. So figure about a million bucks to be 51% shareholder and 2-2.5 to own it all.
If those numbers are correct its a steal.The property the factory is on is worth that.But Reggie would never lose on a hostile takeover attempt |
Reggie owns more than just Fountain Powerboats...alot more.
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Rip him while you can
Don't worry, it won't be long and he will be private and all the speculation will be over and inquiry minds will want to know.
There's a method to his madness, there was a time he needed to go public and now is the time to go back private. Stay Tuned. Team Shogren www.chicagofountain.com |
Originally Posted by shogren
(Post 2710304)
Don't worry, it won't be long and he will be private and all the speculation will be over and inquiry minds will want to know.
There's a method to his madness, there was a time he needed to go public and now is the time to go back private. Stay Tuned. Team Shogren www.chicagofountain.com After he's looted his shareholders? |
Originally Posted by Skullkrusher
(Post 2709967)
As of right now, you could buy @ 40 cents a share so the market capitalization is about 1.74 million. Of course if you start buying huge blocks you'll drive the price up. So figure about a million bucks to be 51% shareholder and 2-2.5 to own it all.
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If you the company now for what it is worth on the stock market, you buy a 16.000.000USD loan as well.
Enjoy! |
Mr Fountain is smarter than the average bear. He has more real estate than you can even imagine. I would say FPB will be fine as long as he is around.
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"Keep in mind, Reggie may not have taken the company 100% public. You can sell stakes of less than 100%"
There are about 4 million total outstanding shares that make up 100% of the stock. Reggie's ownership is whatever percentage of that stock he owns right now. |
On a positive note I'm taking my Fountain for a blast today! When I put the wammy on it all the problems of the world blow out of my mind:boat:PS I think Fountain will be able to weather this storm:ernaehrung004:
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So then should you buy shares now betting on they will want the shares you have and have to pay you alot more than the share is worth??
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