Thursday, February 29, 2024 10:39:46 AM
If IPSI increases its issued stock to give BZWR shareholders 40% of the new outstanding shares total, I calculate that the dilution would make an IPSI share decline from around 22 cents to around 13 cents. If BZWR would be about 1/2 cent a share, BZWR shareholders would need one share of IPSI for every 26 shares of BZWR that they have now, to remain with about the same value of their investment.
Of course, this assumes that share prices remain about where they are now.
I have no idea what the rate will be set at, but BZWR apparently needs to convert its preferred shares and debt into common shares before this would close. I don't know at what rates the conversions would be. But BZWR share price has not moved one way or the other to anticipate this, so far.
Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.
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