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notbrad

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notbrad

Re: abc1212 post# 127086

Sunday, 07/23/2017 10:24:47 AM

Sunday, July 23, 2017 10:24:47 AM

Post# of 700308
Here's my take: market cap = $50M. Price per share = 0.25
Shares outstanding = $50M/0.25 = 200M shares.

Marc 2017 10-Q states 185M shares issued. So I'm presuming 15M of warrants were exercised in the most recent quarter. Warrants issued during the first quarter was 53M. Warrants issued in prior periods I'm approximating at around 40M. Does anyone know how many were issued in Q2 ? As someone said, there is no way to say how many will get exercised.

So, fully diluted shares on news: range = 200M to approx. 350M.
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