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Re: netmoney1999 post# 10971

Thursday, 08/17/2023 10:50:25 AM

Thursday, August 17, 2023 10:50:25 AM

Post# of 11580
Each unit is 3 shares ….

And they are offering 16 million units for $0.45 - $0.75 per unit.

Let’s say they average getting $0.60 per unit, and all 16 million units are filled (which is 48 million shares added to the O/S, since it’s 3 shares per unit).

16 million units (at $0.60 average per unit), brings in $9.6 million funding for the company.

Yes, 48 million shares gets added to the O/S, to bring it up to 65 million shares, but that’s still one of the lowest O/S you’ll still ever see in the OTC, and they end up with $9.6 million in funding, which goes on their books as added in basically the same value as added cash or net income in value, for them to do what they need to do to grow and expand more.

If you’re raising $10 million dollars, this is about the best way to do it in the OTC. Much better than dumping diluted shares in to the bid and crashing the price.
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