SHARE COUNT: I am trying to establish a rough idea of where we are in the share count if we assume the current Private Placement is sold through and all warrants will be redeemed. We started the first quarter with about 134 million shares and warrants (and options), I believe we added an additional 1.5 million in a PP for marketing and now we have the current PP of about 30 million. That's about 165.5 million. Can someone please fact check me? So, in a world where the IMEXF brand could command 1 billion USD for a buyout in a competitive marketplace, .... we would be at about 6.04 USD per. We may not be able to zero in to tightly on what the potential buyout value might be in mid to late 2019 now, but we can keep a count of shares. So the moving parts of this exercise is the total final share count and a studiously calculated buy out value that we recalculate as we near a possible buyout. 400 million USD buyout cuts the per share value of 165.5 million shares to about 2.50 USD per. I am using $2.50 as my target price in my personal calculations for now. I am averaged at about .23 USD a share so 2.50 USD buyout price for a long speculative hold is still interesting enough for me to stay in the trade. But, if we add shares and the buyout target softens, then.... well that's Pennyland. I am interested in thoughts people have on selling before a buyout is finalized on a speculative spike, that may exceed the final buyout price. Assuming a buyout happens. How often does the speculative spike in pennies in this segment exceed the final buyout, any ideas? Thoughts? This may be way early to be talking exit strategy, but I am new to this type of trade.
