Hi, Trade. Yes, it's .027. It really all depends on what the capital structure is. There is a lot of detail about it in the filing, but I only half-way skimmed. I came up with 11.5M outstanding shares as my rough estimate for the new Forion Company. It may have that detail in the filing, I just didn't really look. I'd like to see how my simple algebra plays out in the final conclusion. I also didn't account for the conversion of all outstanding convertibles into the OS, which would also contribute to the OS in the new company. But I'm thinking it won't be too far off my rough estimate, which I did some rounding up on, on some things.
So, for simple math of 100,000 shares of HLIX: That would give you 2,700 in the new company Forion. Which would have less than 10% of the total OS of HLIX at this time and on the Nasdaq according to my rough estimate. That is a good exchange with much better governance.
I don't know how to value MOR. I have insufficient information. It's very speculative . But you can value HLIX, and that will be 27% or something of the new company. Going by memory, I don't remember exacctly right now.
It's very speculative to know what your 2,700 shares in the new company on Nasdaq will be worth right now. At leats for me, I don't have a good way to value it. But I do like the idea of being on the Nasdaq.
Although, a good benchmark I think to go by is Zac's new options he was given. That's our current CEO, and he'll continue as President of this division. He can has the option to buy at .21 cents by my math, and those options convert into the next company as well for the other half of them. So, anything slightly above .21 and below would have to be a good value for ZAC according to common sense as I see it. And if it's good Zac, it's got to be good for all as I see it. That's just my 3-cents worth that nobody is paying me to give.
