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Re: KG21 post# 88924

Wednesday, 01/18/2023 9:23:28 AM

Wednesday, January 18, 2023 9:23:28 AM

Post# of 113378
That depends on what ratio you tolerate, and what % ownership shrinkage you are OK with in the coming dilution that is pre R/S

What share count is really wanted for the new company initially? Is 60 million the real number? What is the desired share price of new company for NASDAQ? Is $10 the real target? What are the real target numbers? Will rare earths change the landscape? We won't know till the paperwork comes out.

Each shareholder's % of ownership goes down with dilution (not counting warrants or anything), but % ownership of course stays the same with reverse split.

If we are at > 1Billion shares pre R/S, I can only HOPE 1:10 is all we have to deal with. If we are at a low PPS vs. the target NASDAQ price it could get ugly. What is our price going into merge, and then what is our price post dilution and pre R/S? We don't have the real numbers in the deal to finish the math. We only have example figures.

99% of us have no say in any of it because our share counts added together are to low to matter at all. Just make some popcorn, because the vast majority of us are just along for the ride on the caboose.

Shrug.
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