Follow Us

DMN on Feedburner
Connect with:
divider image

Kim Dotcom’s Mega Will List on the New Zealand Stock Exchange…

BjR5wZ7CAAAZgIV

Kim Dotcom has been busy launching a music service, putting an album out on that service, fighting extradition to the U.S., and setting up a political party . Now Mega is going public.

Mega is doing a reverse acquisition of a shell company so they can list on the New Zealand stock exchange with a valuation of $179 million.

TRS Investments Ltd will buy all of Mega’s shares. After this TRS will receive 700 million shares of the new Mega company. Mega’s shareholders will own 99 percent of this company.

TRS shareholders still need to give final approval.

Kim Dotcom told the Financial Times:

“A lot of people and other companies have expressed a desire to invest in Mega or even buy the company, so a listing is a natural step… It creates a currency.”

Dotcom resigned from his position as Mega’s director in August 2013, but his wife owns 26.5 percent of the company.

blue bar background graphic
Comments (3)
  1. Skrilly

    Kim is such a Crook @-hole.


    Reply
  2. Willis

    Zzzzz – nothing more than a ploy of misdirection and pr hype.


    Reply
  3. Dan

    When will someone do the world a favour and slot this fat fuck. Either that or stop reporting every single piece of bullshit that comes out of his mouth


    Reply

Leave a Reply

Connect with:


3 × = twenty one

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  1. OUR SPONSORS

  2.  
  3. Most Heated!