Armata Pharmaceuticals, Inc. (ARMP)

[lesgetrich]

Correction...

...The $.36 pps valuation is based on $28 million in book valuation. Add another $10 million investment or roughly 36%, you get

$.36 x 136% = $.49/share

With a 1-4 RS

$.49 x 4 = $1.96/share

The $.36 pps valuation is based on $28 million valuation for C3J and $10 million for Ampliphi or $38 million total. Another $10 million adds 26%. The revised math...

$.36 x 126% = $.4536/share

With a 1-4 RS

$.4536 x 4 = $1.81/share