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Re: Traderfan post# 10058

Saturday, 08/12/2017 7:26:05 PM

Saturday, August 12, 2017 7:26:05 PM

Post# of 12924
The rights offering is interesting.

There are 31M shares now. Another 36M will be issued to shareholders for $2.75.

Which means if we trade at $4+ then there won't be any sellers. Only buyers. (?) Because you can buy an additional 100% for $2.75.

Book value will be $7/share following the rights offering.

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