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Sunday, February 28, 2016 9:31:52 AM
While 15 cents per share for something like 175 million shares - a roughly $26 million valuation for the company - looks a bit on the ambitious side at the moment, "you just never know" what happens when a skilled investment banker orchestrates the sale of a company.
But let's first see what happens as regards sales in the current third quarter of this fiscal year and as regards what happens with the upcoming additional conversions to equity that are likely to happen (and given that Typenex is for the moment very happy to see its 900,000-plus shares trading more than a penny over their cost, they might actively want shares more than cash return of loan principal).
Have a good week for yourself!
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