No more warrants. Will have 82 million shares (roughly) going forward. Shouldn't be too hard to get over 100 million market cap in no time, as you will have a company that is growing fast, and you know they are holding back on the good announcements, like when they got this down to under 50 cents to announce the deal.
You will have a company with hundreds of employees, in multiple countries, and APPLE is on of the best retailers in the world. Not to mention that, but since retail is getting hit so hard, there is less competition, and the rents are less, especially in the United States.
The company will not have any debt, and it looks like there will be a little over 10 million net cash, maybe a bit more. Most of the suckers have been cleared out, so you are basically looking at the lows, and if those who own the shares decide to hold on for half a year or more, you will have a company with 82 million shares, where only two million or so are freely traded. Throw in that reverse split, which actually will help if they do it, and you could see a company with just over 8 million shares, where there are only a few hundred thousand shares floating around that are not owned by the insiders that put together this merger. You will see the shares go from 4 to 10 dollars in no time in that case, with any hint of positive developments.
Nice to see how quiet it is here. Most of you will miss out, as usual.
