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S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
78.70
(
0.00%
)
Bitcoin
62,835.02
(
-0.56%
)
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The Rainmaker

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The Rainmaker

Re: lowtrade post# 14072

Friday, 05/20/2016 5:36:45 PM

Friday, May 20, 2016 5:36:45 PM

Post# of 30926
The Chinese are getting enough shares to equal 51% of O/S in exchange for $7.6 million dollars. 51% of 518m(minus buybacks-30m shares my guess)=488m
488m = 49% of x
X= 980 million approx.

So after Tranche 2 and the buy backs and the Chinese get 51% control we should be around 980 million shares O/S, debt free and looking good.

Now I can do market cap estimates, 10 cents per share would be $98 million dollar market cap which is doable here.

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