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Re: El_Jefe42 post# 49064

Wednesday, 03/15/2017 1:45:11 PM

Wednesday, March 15, 2017 1:45:11 PM

Post# of 81999
Jeff -- There are indications re A and B classes of shares in the offering docs. In terms of the total shares outstanding currently, is it your understanding that there are 3.1 million, with a market cap of approximately 11.1 million dollars? (Per Ameritrade)

And, the warrants, which there are a total of 1.4 million, exercisable at $4 per share, in the underlying stock? (Per offering docs). So, if the 3.1 and 1.4 are correct, then we should look at Sigma's share count essentially as the sum of the two numbers = 4.5 million, right? (Because a profitable Sigma, and even a Sigma with significant revenue growth ought to support a $4 share price at which time the warrants would become exercisable, right?)


Thanks
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