Wednesday, June 03, 2015 1:22:59 PM
Let's say they started selling shares to raise funds right after the R/S.
So if they sold
50MM at .05 that would net them 2.5MM ( equivalent to building number 1)
50MM at .04....2mm
50MM at .03....1.5MM (now more than enough for both buildings and TWYNS
50MM at .02...1MM
50MM at .01...500k
50MM at .0075...375k
50MM at .005....250k
50MM at .0025...125k
50MM at .001...50k
that's 450MM shares totaling 8.3MM and maybe a bit more given Tha past few days. I figure they need 6MM for both buildings AND TWYNS branding deal. That leaves them 2mm for operations.
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