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Thursday, October 07, 2021 2:19:30 PM
Shares will be maxed to 200m, they have a line of credit for $10m, paid for by shares, so they will have to raise the OS, maybe to 500m.
No one should care because they then will use those shares for the $100m they wanted to grow to their peak projections of $700m in 2023.
If they get the $150m MC, that is $0.75 pps, so maybe 200m shares gets them the $100m they want, have to give a dicount.
400m shares for $2b MC would be $5 pps in 2023.
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