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mottstocks

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mottstocks

Re: aidenb8 post# 52817

Tuesday, 09/19/2017 7:41:30 AM

Tuesday, September 19, 2017 7:41:30 AM

Post# of 58072
As I reread the Basic Subscription Right, I believe you are correct, and I'm wrong. Each Right entitles you to purchase 1.1526 shares at $2.75 per share, so every 1.1526 shares would cost $3.1697. I misunderstood it to mean you'd be buying at a 15% discount, but in actuality, you're entitled to purchase 15% more shares than qualified you for the Rights Offering at $2.75/share. I apologize for the confusion.
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