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Alias Born | 02/15/2012 |
Tuesday, November 13, 2018 3:08:45 AM
The good (potential): both cases dropped without prejudice.
It signals (potentially along with other potentials) that a buyer is in play; lawsuits are NOT welcome here.
The company has excellent management history and ethic standards (take my work or not)
The company would lose extreme value and become susceptible to a hostile trade; thus completely destroying any common, and furthermore their reputation (said assumption does tie into management ethics though)
One would assume a “move” in the works would be more beneficial for him as well as company (do your own math based on structure). (I don’t think aeti and jch dismissed becuase aeti said “we’re axtually hooking you up” ....and jch says “oh, k....I had no idea”
The bad:
At this rate jch owns 50% of company in ~3 years (ie $25m leaves common $12m with implied ~16m fully diluted and 8m common. $1.5 share), but the assumption is $25m and begs a question? How does $25m stand today?
I’m not done....
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