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Re: Wahoo98 post# 2297

Thursday, 10/22/2020 10:15:13 PM

Thursday, October 22, 2020 10:15:13 PM

Post# of 2941
Current OS is 15BN. 15BN divide by 120 is 125mil. Not sure where you're getting your numbers from. So the new OS will be 125 million. Not 300 million. The float will be determined by how many shares are released for public trade. If they keep the same ratio as prior to the OS then the new float will be around 800k. 100m divided by 120. Neither of these numbers change the 1 bn market cap. The reason why the market cap is important is because if the RS was done today the new SP for SOLs would be $8.40. With nothing to support this price other than intellectual property and $500k in sales this stock will be shorted back to pennies. At a 10 million valuation post RS the SP would go back to .07. $8.40 to .07 is a huge drop. If there is anything in either of my post that are not valid please post those discrepancies.