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Sunday, July 29, 2018 1:41:45 PM
What is clear though that even at $1:
. Her employee options would net (after deducting excise price) her about $25M
. The $5.5 loan would convert to $41M for a profit of $37M
. In the Cognate divorce she exchanged $5M of loan for converts that would be worth $50M, a profit of $45M
So that would be a nice profit of about $107M right there. Her stock from when she bailed the company out would lose a bit. So about $100M profit at $1.
I am sure she really cares for your $3 cost basis.
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