what in the heck are you saying?? ... people model things with unknown outcomes a zillion times a day ... i've got a basic and advanced model ... the basic one is copied below (sorry, formatting is a mess) ... the whole point of modeling is to look at possibilities when variables are unknown ... sure, the range of outcomes may be incredibly large based on assumptions, but that isn't lying ... but I suspect you know this, so, again, what the heck are you really trying to say? ... that the range of outcomes is so large that modeling is pointless? ... or maybe that too many (in your opinion) represent THEIR models as the only game in town?
Warrants + IPO Warrants + R.E. No Warrants + IPO No Warrants + R.E.
Current shares 1,800,000,000 1,800,000,000 1,800,000,000 1,800,000,000
Capital requirement $240,000,000,000 240,000,000,000 $240,000,000,000 $240,000,000,000
Sources of capital
Existing $20,000,000,000 $20,000,000,000 $20,000,000,000 $20,000,000,000
NWS Settlement $30,000,000,000 $30,000,000,000 $30,000,000,000 $30,000,000,000
New (shortfall) $190,000,000,000 $190,000,000,000 $190,000,000,000 $190,000,000,000
Annual Earnings $20,000,000,000 $20,000,000,000 $20,000,000,000 $20,000,000,000
Current PPS $2.20 $2.20 $2.20 $2.20
Avg. pps new shs. $7.50 N/A $7.50 N/A
Warrants 80% 80% 0% 0%
New shares needed
Warrants 7,200,000,000 21% 7,200,000,000 80% - 0% - 0%
Capital requirement 25,333,333,333 74% N/A N/A 25,333,333,333 93% N/A N/A
32,533,333,333 95% 7,200,000,000 80% 25,333,333,333 93% - 0%
Plus current shares 1,800,000,000 5% 1,800,000,000 20% 1,800,000,000 7% 1,800,000,000 100%
34,333,333,333 100% 9,000,000,000 100% 27,133,333,333 100% 1,800,000,000 100%
EPS $0.58 $2.22 $0.74 $11.11
P/E 15.00 15.00 15.00 15.00
Suggested pps $9 $33 $11 $167
Yrs. to raise capital unknown - multiple 9.5 unknown - multiple 9.5
public offerings? (new cap/ann. inc.) public offerings? (new cap/ann. inc.)
