InvestorsHub Logo

db7

Followers 221
Posts 39710
Boards Moderated 0
Alias Born 09/02/2003

db7

Member Level

Re: db7 post# 149

Thursday, 05/07/2015 1:27:26 PM

Thursday, May 07, 2015 1:27:26 PM

Post# of 1158
'could be' imo, that if a related entity wanted to vend in a large asset here.. ie: about $500mil.... maybe they'd wait till those options expire later this year(?)

the 200,000 warrants evans has 'could' still net him $800k or so if said deal occurred after the options expiration (obviously depending on how the deal was structured... I'm guestimating full 100mil o/s is used therefore making each share worth around $5...etc...etc)

OR if said deal actually occurred prior to options expiration he'd make:
1,000,000 options at .15, so 4.85/sh val or:
$4,850,000
and
200,000 warrants at 1 so $4 sh val
$800,000

I doubt he gets handed $5,650,000 though


that said, 'maybe' this pretend deal can never happen... maybe it happens >= 2016.... maybe we get r/s first...etc....etc

Evans has been here a loooooong time with no payday though... something's 'got to give'


-------------------------------------------------------------------

All posts are strictly my opinion and are not buy or sell recommendations.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MGHL News