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Wednesday, 09/17/2014 7:45:47 PM

Wednesday, September 17, 2014 7:45:47 PM

Post# of 233289
The new prospectus above ...

Can someone who is smarter than me tell us if there are any surprises in this. This graf seems interesting, but I am not all that smart on this stuff:

"After giving effect to the sale in this offering of 75,000,000 shares of common stock at an assumed average sale price of $0.24 per share (based on the lowest sales price of our common stock as of August 22, 2014), our pro forma as adjusted net tangible book value as of June 30, 2014 would have been approximately $32,213,016, or $0.04 per share of common stock. This represents an immediate increase in pro forma as adjusted net tangible book value of $0.03 per share to our existing stockholders and an immediate dilution of $0.18 per share to our new stockholders."
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