Moon Equity Holdings Corp (MONI)

[WarMachine]

How's your math? I have something that sounds very odd to me concerning a Borders post in the Tearoom.

Danny says;

When the merger is completed, Frank gets stock equivalent to 5% of the incoming company as compensation for the public entity. 18 million shares is approximately 5% of the outstanding.

The actual dilution was 18,250,000 but who's counting?

Say what? 5% of the outstanding was 34,613,103, prior to the new shares! Did FrankO do the math for Borders?

The market cap as of this morning was based on a closing price of $0.0178, so if Borders is basing the new company worth on their market cap and 18,250,000 shares is 5% of the new company then is Borders saying the new company is only worth $6,497,000