First of all, you don't use the par value. You use the prior days closing price in valuing any tranche of shares issued to Livingston. Secondly, AND THIS IS HYSTERICAL you are mis-quoting 0.0001 when the settlement agreement stated 0.00001 par value.It seems you dropped a 0 to make your calculations work. Tsk tsk.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.