Nordicus Partners Corp (NORD)

[siar]

My calculation:


outstanding shares as of 11/13/2019
21490621

options as of 11/13/2019
6550000

options converted at 12/06/2019
5225000

still convertible options
1325000

outstanding shares if all options are converted
28040621


purchase agreement
$7250000

I think these lines of the balance sheet as of 09/30/2019 will remain in the shell:
assets: cash+accounts receivable+prepaid expenses
+$935000

liabilities:
-$3097000

gives
$5088000


that's
$0.1815 per share


But I don't think we will get that.
I assume staff will get no severance pay since they got a job offer from Mitsubishi Chemical, but management probably will.
A big question is: Will they pay out the money to stockholders? And what will be the future of the shell? It has some value, too.