EP Global Communications Inc fka EPGL

[tefftb]

I'm confused about the meaning on InWith setting an initial share price of $50.
I've seen threads in which folks likened that to an EPGL share price of $0.10.
I get that math on the surface level, but what does it really mean?

Forget the gift equity for now.
But include the 125% conversion.

Does it mean that the venture capital folks acquire the IP for less $$ if the EPGL stock price is below $0.08?
If you have 800,000 shares prior to the conversion, the value of those shares (at today's prices) is $6,400.
Post conversion, how many shares of InWith do you have?
Is it (800,000*1.25*.008)/50 = 160 shares = $8,000?