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Re: OptimusMine post# 257262

Wednesday, 09/02/2015 4:47:04 PM

Wednesday, September 02, 2015 4:47:04 PM

Post# of 347753
Right now, PPS is reflecting a real price of the company, $4M.
After R/S, the shares number will be reduced to 35 million.
Calculation = $4M / 35m shares = 11-12 cents.
11 - 12 cents is far away from pass through limits to be up-listed to NYSE or NASDAQ which have the trash hold of $2/PPS.
In my opinion, Vanis will be forced to:
Enter into agreement with finance institutions for credit line, around $150M where He will secure 40M shares. 35M + 40M shares = 75M In this situation, the CEO will hold cash which can easy to create assets from acquisition or build some production lines.
Both cases will positively reflect PPS. However I prefer to see him builds production lines.

I strongly believe, at this stage, before 2016 there is nothing to conclude about R/S action.