Interesting post as usual DFW, to help Berrybck.
I think with a 10 cent share price, reading from the 8-K filed yesterday that would take us through essentially all the exercise prices Cornell gets, listed in the agreement and the 2.9 Billion shares would be out there, in the worst case. For easy math 3.5 Billion shares times 10 cents is a 350 million market cap divided by your yardstick of 2 from Jim Cramer gives you a revenue of 175 million.
If they go into production, which is the idea of the loan, Mario is going to pay Cornell back a lot sooner so I think this will be a mote issue. And if Cornell puts all those shares out there because of some fine print I missed, Mario will be retiring stock just MicroSoft and a lot of 'em do.
Stay Savi.
FlSun.
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