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ssc

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Alias Born 12/20/2006

ssc

Re: eatbytes post# 5497

Wednesday, 11/30/2016 8:24:50 AM

Wednesday, November 30, 2016 8:24:50 AM

Post# of 9558
So after spending $20 million and 6 years on the Flynn technology Marvin can only spin it off for $7 million? And that's to a new company he just created? What happened to all those big pharma companies he's been trying to strike a deal with all these years?

OK, forget all that, everyone knows the answers to those questions and the result is what it is. So looking forward, let's say this new company needs about $4 million/year to operate at the same level it has been, plus the $6.9 million it owes. Considering the current mhtx sharep price of about 4 cents, and considering the new company does not have any of the metals technology, how much do you think an IPO would be priced for and how many shares needed to raise over $10 million?