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Thursday, November 18, 2021 9:21:22 PM
BDGR's O/S currently sits at 32.2 billion. Parent PRPM's O/S is almost 13.2 billion which means you will have to issue at least 26.4 billion to make good on your "2 shares of BDGR -for- every 1 share of PRPM" promise, correct?
At present there are only 7.8 billion currently left in BDGR's gas tank. So once you burn thru those you'll need to print an additional 18.6 billion. If my math is significantly wrong please feel to correct it.
Again, why not go ahead and increase the number of authorized shares to 60 billion to MATCH the number of tokAns you've already minted? If you want people to believe FINRA will approve your deal yer gonna have to do it anyway, right? You can always reduce the A/S back down if (when) the deal fails.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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