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Re: jsc52033 post# 260

Tuesday, 08/25/2020 3:17:21 PM

Tuesday, August 25, 2020 3:17:21 PM

Post# of 579
I'm not 100% on this but it was a 35million dollar offering is what was originally announced. So if they are putting out 1.5million shares i would think offering price is around $23. Which would also coincide with the day high of $3.31 since 7 to 1 reverse would be $23 at that price. This is how I understand it but I maybe way off, i normally don't understand half this stuff with financials. Someone with more knowledge please chime in.
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