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Re: georgeofthebungle post# 2844

Sunday, 04/28/2024 5:13:42 PM

Sunday, April 28, 2024 5:13:42 PM

Post# of 3577
When merger is completed, for example, if PPS goes to .15 cents, the MC (mkt cap) will = revenues only (MC = PPS X OS = .15 PPS X 80M OS = $12M revenues). At .15 cents, no PE or X (multiplier) applied on revenues (normally there is a X factor, imo).

Just a reminder, the preferred D to be converted into commons at .20 cents.

This is going past .05 IF they complete the merger.


My posts are my opinion, not intended for investment advice. Always do your own dd before buying, selling or holding securities.