Ghinsberg Invest and Holdings Merges!

Day 929, 06:27 • Published in Sweden Sweden • by Ghinsberg Holding


Important News to all Shareholders

As of today been Sweden's National Day I have a BIG announcement to make! GBiM and GBH will merge in Ghinsberg Group (GBG). By doing this we will form a serious Conglomerate! I believe there will be great synergy effects when we can move capital between the two division depending on what market view we have! The main point however, is that by owning Ghinsberg Group shares, you will always be a part of any new division created. Every idea invented from now on, will be owned by GBG. Also, I will invest 200G of my private capital into the new company, in order to be well prepared for V2! We will also raise further capital, so if you'r intrested at getting in at a good price, contact me!

The structuring will be pretty much the same, industries in the Holding Company and Investment banking business in Ghisnberg Investment. These two groups will work separately, one on the classic eRepublik way with regular companies and the other will continue to scout new opportunities on the markets. However, we will be able to allocate the common pool of money to the division most profitable at the moment.

The new company will be dividend paying, as opposed to the current situation with GBiM where no dividends are paid but there is a buy-back guarantee and prices are set according to current holding value. This will, change the new group will be a classic one with dividends and shareholders meetings. I believe that givend the size and the fact that both GBH and GBiM are quite well traded the liquitdity won't be a problem for the new GBG share.


So, what do you have to do in order to join the new adventure?

It’s very simple, just transfer all you GBH and GBiM shares to Ghinsberg Holding. For every GBiM share you receive 9 GBG shares in return, and for 1 GBH shares you will receive 2 GBG! As soon as all shares have been returned GBH and GBiM will be taken of ERX, and replaced by Ghinsberg Group.

1 GBH = 2 GBG
1 GBiM = 9 GBG

New Org Value should be somewhere around 1 600G so it should be a good deal for all of you! Please transfere your shares to Ghinsberg Group (GBG) as soon as possible, i'd like to get the new structure done as soon as possible. GBiM shareowners who does not wish to take part of this offer can withdrawl their gold at 1.15G per share for 20 days more!