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Good intelligence. So, adding warrants would

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beenhadbefore   Saturday, 09/04/21 03:02:58 PM
Re: ~ Blue ~ post# 6440
Post # of 12720 
Good intelligence. So, adding warrants would take this to 906,000,000 shares issued and outstanding and authorized at 950,000,000. Is this correct?

If that’s the case then....They have to increase the authorized simultaneously to a measure of value ($270M + EBIDA) on the deal coming in to work. The reverse split with is accordingly to those terms, unless it has no real value and is based on WISH value.
Market value will be based off the real EPS value + potential “WISH” value.

Right now this deal is trading at 2X’s cash. With 45 million shares left in the till to work with 950K authorized correct? Figure 10 for 1 reverse minimum. All depends on the deal coming in and most likely will have nothing to do with apparel, it’s too boring.

I'm just guessing so good luck.


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