Calculation
VCTY will also use shares to purchase to merger. 'Merger compagny' gives itself with al the capital to VCTY and in exchange, VCTY will give that capital back in shares (completing the merger).
The AS is 4,800,000,000
The OS is 105 mill
Float also 105 mill
The the nr. of restricted shares in escrow is 4,695,000,000 (AS minus OS)
VCTY has a 'exchange' power of 4,695,000,000 shares times the PPS.
Based on today's PPS ($0.0080) that means $ 37.560.000,- in capital power.
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CALCULATION
Marketcap
The marketcap now is the OS times PPS.
OS = 105 mill
PPS = $0,008
Marketcap = 105 000 000 * 0.008 = $840.000,-
Lets just say the merger comapgny is worth 25 million. And let's be conservative and say the marketcap goes to 15 mill, so also meaning a conservative EPS.
I took the est. 15.000.000 marketcap divided by today's marketcap of $840.000,- = 17.8571429
That will mean that todays pps needs to go times 17,8 to reach the 15 mill marketcap (wich is conservative IF the merger compagny is worth 25 mill). Remeber, VCTY has a 37.5mill purchasing power based on todays PPS, so it COULD all be higher.
todays PPS (0,008) times 17.8 = a PPS of $0,14
This MINIMUM and CONSERVATIVE calculation would allready make me happy.