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LouisDesyjr

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LouisDesyjr

Re: kingsransome post# 3266

Thursday, 06/24/2021 8:44:17 PM

Thursday, June 24, 2021 8:44:17 PM

Post# of 3540
Current valuation as of a few weeks ago was around $7.53/share

The thinking is the existing shares are worth around $7.50 or so; with the existing shares being exchanged for the following when the reorg is completed:

$1 stock (3% of new shares)
$1.53 cash
$5 in warrants (large parts of the value of the warrants is the 30 year term for them.

Louis J. Desy Jr.
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