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Re: MrBond007 post# 10644

Wednesday, 07/12/2017 9:02:50 AM

Wednesday, July 12, 2017 9:02:50 AM

Post# of 18649
Best case scenario 20 to 25X

Sorry the reverse split (assume 100-1 reverse split) will happen and they will sell shares at assuming a price of $10 per share and they'll sell 50 million shares.

I will say this, you got in pretty cheap, so assuming a 100-1 split your price per share is $3.44 and even after they sell an additional 46 million shares. That'll mean there are 50 mil outstanding. So if the company is acquired for 500 million that'll be $10 per share. 1 billion $20 per share. 2-3 billion would be $40.00-$60.00 per share. You will do well with this investment.

The people who won't however are the ones who got in before the previous reverse split, they really got screwed by Tony.
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