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fibonacci4

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fibonacci4

Re: None

Wednesday, 05/05/2021 3:53:47 PM

Wednesday, May 05, 2021 3:53:47 PM

Post# of 32755
.433 price target by my calculations

IR has always said this was a $20M transaction. I'm sure that figure changed a bit through negotiations, but let's assume it's in that ballpark.

$3.91M of liabilities to be paid off by Cerebain
$1.61M of liabilities to remain on the books
$2.34M worth of shares (33.47M shares @ .07)

This leaves approximately $20M - ($2.34M + $3.91 + $1.61) = $12.14M

33.47M shares @ .433 brings the grand total to $20M

PKG must know they bring enough value to Cerebain to appreciate the stock to .433 at minimum.
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