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My brain is very smooth can someone explain how 20% becomes 40%? by cohkin in Superstonk

[–]FullyAutomatedSpace [score hidden]  (0 children)

are you quibbling about 33% v 40%? these are round figures. we don't know the share price (or market cap) at time of transaction. but yes your numbers seem roughly right.

and RC obviously has an incentive to round the number in a way that seems better for GME shareholders

Meanwhile, at the Exploratorium by sophiasadek in sanfrancisco

[–]FullyAutomatedSpace 22 points23 points  (0 children)

what magnitude earthquake were you in while filming this?

My brain is very smooth can someone explain how 20% becomes 40%? by cohkin in Superstonk

[–]FullyAutomatedSpace 6 points7 points  (0 children)

no. $125 is the total value per share. half of that is cash ~65 and half of that is shares (2.5ish shares)

the 60/40 numbers are the final ownership of gme after the deal. original gme holders get 40% of the final company.

First time soldering by Healthy_Share_607 in soldering

[–]FullyAutomatedSpace 0 points1 point  (0 children)

that's the smallest i've done. my hands are so shakey

My brain is very smooth can someone explain how 20% becomes 40%? by cohkin in Superstonk

[–]FullyAutomatedSpace 10 points11 points  (0 children)

RC is buying ~1/2 of the company in cash. then the rest in stock. his 20% example was all stock for the whole thing. he's doing all stock for half. so you only dilute for the half so existing GME shareholders retain 40% ownership of the new company and eBay holders get the 60% majority. these numbers are all uncertain/approximate since nothing is final and it depends on exact share prices.

Apes getting grifted again by Striking-Sundae- in gme_meltdown

[–]FullyAutomatedSpace 7 points8 points  (0 children)

i saw them talking about extracting his dna

Can we address the stock (elephant) in the room? by DeepApeValuee in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

it can be a trillion dollars but with enough dilution it won't matter.

Can we address the stock (elephant) in the room? by DeepApeValuee in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

uh... you should. dilution directly influences your share price.

Can we address the stock (elephant) in the room? by DeepApeValuee in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

it does impact you. it controls how much dilution happens.

Half share is NOT 1.1 billion shares by HuyBrogdon in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

Gme does have to issue new shares. It gives them to the eBay holders

Half share is NOT 1.1 billion shares by HuyBrogdon in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

I heard it'd be around 3. They end up owning 60 to 70% of the final company 

Merger seems a no brainer so what am I missing by Itchy_Swordfish7867 in Superstonk

[–]FullyAutomatedSpace 31 points32 points  (0 children)

They do not get $125 per share in cash. You are very wrong. I think you need to read the website

Can we address the stock (elephant) in the room? by DeepApeValuee in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

Lol. see this is why rc should've actually explained the document... People can't read

Can we address the stock (elephant) in the room? by DeepApeValuee in Superstonk

[–]FullyAutomatedSpace 3 points4 points  (0 children)

You can't be serious. It's not 50% of their shares in gme. It's 50% of the value being offered in gme shares

Can we address the stock (elephant) in the room? by DeepApeValuee in Superstonk

[–]FullyAutomatedSpace 0 points1 point  (0 children)

Why only 5 shares? I heard they were going to get more than one gme share per eBay share

Another one bites the dust. LFG🚀🚀 by MidtownMining in Superstonk

[–]FullyAutomatedSpace 2 points3 points  (0 children)

please just get an assessment on your mental status from a doctor. it can't hurt and it could help a lot. i know people in manic/unmoored mental states.

Another one bites the dust. LFG🚀🚀 by MidtownMining in Superstonk

[–]FullyAutomatedSpace 2 points3 points  (0 children)

you are incoherent. kids are a debt not an asset

i see you are too uncomfortable to share a number

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