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Re: kingmack post# 36910

Saturday, 02/15/2020 12:29:52 PM

Saturday, February 15, 2020 12:29:52 PM

Post# of 50957
"If fully diluted, DILUTION DILUTION DILUTION!!!

Which would mean

the entire 400m AS is issued

the EPS would be $0.36 with a modest PE of 12. It’s pps would be $4.32

$1b Yuen (1yuen = .143314 usd) $145m usd/ 400m OS = $0.36 x 12 (PE) = $4.32

Figures are rounded.

If all 400m are issued by the merger date, an additional 1.6b would need to be Authorized and then issued to the new owners to fulfill the 80% ownership clause indicated in the PR. That’s an OS of 2b shares.

$145m/2b = .0725 EPS. With the same conservative PE of 12. The PPS still comes in at $0.87 a share.

This example is using an absolute worst case scenario based on what is currently know.

If we used what is reported 36m OS ( rounded up to 40m) and the reported 80% ownership post merger for a total OS of 200m then the figures are as follows

$145m rev / 200m shares = $0.725 EPS x 12 (PE) = $8.70 pps, post merger.

All figures based on currently available information."

$SPOM SECURITY DETAILS

Share Structure
Market Cap Market Cap
607,809
02/12/2020
Authorized Shares
398,000,000
01/04/2019
Outstanding Shares
30,390,466

01/04/2019
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
8,590,466
01/04/2019"