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Re: sorkin post# 2655

Sunday, 04/09/2017 10:34:00 AM

Sunday, April 09, 2017 10:34:00 AM

Post# of 7747
Now that the s3 is bumped to 150 mil how does that get priced now? Looks like a small manufacturing deal maybe w 10 million shares at 15? Or 20 million shares at 7.50? The company bylaw sets no more than 33% may be diluted if market cap is below 75 million. So worst full 150 mil offering scenario...

33% of 120 mil shares is 40 mil shares

150/40 3.75

But that only values aldox at 450 mil