| Followers | 1 |
| Posts | 84 |
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| Alias Born | 12/19/2017 |
Wednesday, January 31, 2018 5:39:58 PM
Seriously though....just tickle my fancy for a bit. LAM needs to collect $700k or so right. Let’s say they sell shares at an average price of .0011-.0012, pretty much where the markets been the last couple weeks. Thats about 600k shares. Newly issued mind you. Outstanding is probably close to 3 billion afterwards and Plutus gets 20% if the outstanding shares for 700k. That’s cheap money for a stock people “think’ is worth (.03-.05). Certainly makes the reverse merger less costly and lowers our “value” for the merger...
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