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Re: TheInvincibleBull post# 4860

Wednesday, 05/18/2016 1:12:30 AM

Wednesday, May 18, 2016 1:12:30 AM

Post# of 36725
50.6m shares OS after the merger with Johns company according to this.

Closing of the acquisition is contingent on customary conditions including approval by MGT's stockholders. Major terms of the deal include the payment to D-Vasive Inc. stockholders of 23.8 million restricted shares of MGT stock and $300,000 in cash. The proposed share issuance is expected to amount to roughly 47% of the Company on a pro-forma fully diluted basis at closing.

23.8 = 47% of X
X= 50.63

50.63 million shares after the merger fully diluted plus any new fund raising they might do.

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