Born Inc. (BRRN)

[Imagineer66]

I don't know what you bought at. Let's assume you bought those 10k shares at $.0100, 10,000 x 0.0100 = $100. At the current price, after the RS, the PPS would be $4 and those shares worth $40. However, does anyone really think that the stock is going to stay at $4? In March, Plug was trading for $2.50 and $26.60 today.

With RS, we would have 2.7M shares but the AS is 500M. That tells me they are going to be selling a lot of shares to the market. Normally, that would be bad for us. However, in this case, it's the equivalent of an IPO but FiveT makes all of the money instead of the banks. I'm betting they want a LOT more than $4/share for this IPO. Plug just did a public offering for $22.25. The underwriting cost of that was over $10M. This "IPO" only cost them @254,000. Cheap.

Back to our value, $22.50 after RS translates to $0.0225. And, that's only the IPO price. Any price increase after that is pure gravy.

One last thing to note. They won't do that "IPO" on the OTC. It will be done on the Big Board. I have 2M shares currently showing a heavy loss. After the RS and "IPO", I anticipate having 2,000 shares of NYSE stock trading in the 20s or 30s or higher.