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Re: Golden Cross post# 2156476

Friday, 11/27/2020 9:40:02 PM

Friday, November 27, 2020 9:40:02 PM

Post# of 2380335
$IDEX is left with 82.4 million in cash after 100% acquisition of Timios and 24% of the E-tractor Solectrac.....IDEX could be heading to $10 next week

  • 5.66 mil @ $0.883 for a total of $5,000,000 on November 16

  • 30.86 mil @ $0.97 for a total of $30,000,000 on November 20

  • 12.5 mil @ $2.26 for a total of $28,266,250 on November 24

  • 13.33 mil @ $2.625 for a total of $35,000,000 on November 25

  • The grand total is 62.35 mil shares for a total of 98.3 million dollars. Note that the shares bought by the investing company will not be resold and will be used as an investment in IDEX

  • If we add the 27 mil they had on 9/30 to the 98.3 mil they have now, the total cash on hand as of today will be 125 million dollars

  • If we subtract the 100% cash purchase of Timios of 40 mil and the 24% of the E-tractor at 2.6 mil, the company will be left with a whooping 82.4 million dollars in cash.
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