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Wednesday, December 06, 2017 7:29:47 AM
So here's the SS based upon the $5.182 million raise.
500,000,000 A/S with 479,479,900 O/S as per last Q.
431,819,910 Restricted Shares Purchased by Insiders/Institutions, leaving a 47,659,090 Share Float.
Add in Debt free, No Notes, No Dilution and I say "How sweet is that!!"
Under the Rights Offering the Company’s current shareholders exercised rights to purchase 199,811,421 shares of stock for a total of $2.398 million. Under the Backstop Agreement, the Backstop Purchasers purchased 232,008,489 shares of stock for a total of $2.784 million. Combined, the Company realized total gross proceeds of approximately $5.182 million, reaching its expected goal.
https://seekingalpha.com/filing/3707222
$ANFC
500,000,000 A/S with 479,479,900 O/S as per last Q.
431,819,910 Restricted Shares Purchased by Insiders/Institutions, leaving a 47,659,090 Share Float.
Add in Debt free, No Notes, No Dilution and I say "How sweet is that!!"
Under the Rights Offering the Company’s current shareholders exercised rights to purchase 199,811,421 shares of stock for a total of $2.398 million. Under the Backstop Agreement, the Backstop Purchasers purchased 232,008,489 shares of stock for a total of $2.784 million. Combined, the Company realized total gross proceeds of approximately $5.182 million, reaching its expected goal.
https://seekingalpha.com/filing/3707222
$ANFC
Everything I say is in my opinion, do your own DD and make your decision wisely! Don't spend more then you can afford to lose!
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