InvestorsHub Logo
Followers 2
Posts 392
Boards Moderated 0
Alias Born 01/19/2017

Re: El_Jefe42 post# 47143

Thursday, 01/26/2017 9:24:08 PM

Thursday, January 26, 2017 9:24:08 PM

Post# of 81999
Jeff and Hawks, Thank you for the additional information - The S-1 includes much info of course... Is it your understanding based upon the provision below, excerpted from the S1 that the offering price will be at or around SGLB's trading price just prior to up-listing? That seems to be what was provided/ anticipated in the language below... Thank you

"If you purchase securities in this offering, you will experience immediate and substantial dilution in the net tangible book value of your shares of common stock.

The offering price of our units is substantially higher than the net tangible book value per share of our common stock. Therefore, if you purchase units in this offering, you will pay a price per unit that substantially exceeds our net tangible book value per share of common stock after this offering. Based on an assumed public offering price of $ per unit, which was the last reported price for our common stock on , 2016 as quoted by the OTCQB, you will experience immediate dilution of $ per share of common stock, representing the difference between our pro forma net tangible book value per share after giving effect to this offering and the offerin..."
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SASI News