Monday, May 01, 2017 12:15:20 AM
Its not clear to me at least what final price per share will be since in part it is dependent on the number of shares issued (or inversely, for a given target pps, so many shares would be issued).
Given the government has fixed amount of warrants, where it to want to maximize its gains it would likely want to limit the amount of shares needed for recapitalization.
Do you need me to lay out the resultant optimization proof? Prima facie it shouldn't be too hard. Something like Max(5billionshares*X) where X is the number of shares, subject to the constraints of the equation given, and #recapshares >0
(^ Side note: Different people like different presentations, I tend to prefer the standard Definitions, Axioms, Theorem, Proof, Corollary setup, or something analogous to it)
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM