InvestorsHub Logo
Followers 0
Posts 851
Boards Moderated 0
Alias Born 02/04/2011

Re: None

Saturday, 09/10/2016 8:14:18 AM

Saturday, September 10, 2016 8:14:18 AM

Post# of 36724
ok, so we are buying 2 companies and adding to the outstanding shares at 48million plus. We have no idea IF there is any profit/revenue assigned here to the two companies (and their true value to our value); at face value - assuming $4 pps - it then calculates as follows: (25M Outstanding shares plus 48M OS gives new OS as 73M; Old market cap at $100M plus unknown value of 2 companies (currently 0 - cause we do not know) gives $100M market cap divided by 73M outstanding shares - to new pps at $1.37...

So unless there is something more to the value of these 2 companies - at the 48M purchase our pps goes to 1.37. to then get us above $5 pps for another market - we are looking at maybe 8:1 reverse split? Anyone else looking at this impact? Anyone else have the value of the 2 new firms we purchased? GLA
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MGTI News