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Re: LIKEGOLD post# 29813

Saturday, 04/29/2017 4:03:09 PM

Saturday, April 29, 2017 4:03:09 PM

Post# of 38547
All of IBRC shares equal $20m. If it's a 5:1 ratio, it means IBRC is reduced to whatever number, let's say 10m for easy math. IBRC now has 10m shares at $2 per share =$20m. Now add DL new shares (5:1=50m) is 50m new shares issued with a market price of $2. Now the cap is $120,000,000.