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Re: None

Friday, 05/20/2016 2:27:51 PM

Friday, May 20, 2016 2:27:51 PM

Post# of 140474
Here is what my last post would look like with the math... 225 fully diluted shares now but subtract 8 milly as June and Dec warrants expire. 217 is the number... Add 73 milly to that at say .65 and get proceeds of 47 milly. Still got 70 milly dollars from future warrant exercise available and 40 of that can go to further costs, if that much is even needed and the rest can be used to buy back shares at what would be a sweet time to do so. This scenario would get us to no more than 290 milly o/s (or less) and at 10 bucks cost the acquirer 2.9 billy.