Core AI Holdings Inc (CHAI)

[Sheepdog]

Lordy,

SYTA has nothing anymore....but shares to sell and continual RM's....without the merger. And maybe even then. Only AFTER the merger will it have a valuation anywhere near the $200M, if we can believe the hype. But AFTER the merger, there will be as much as 10X more shares issued. Anyone dividing the FUTURE valuation by the CURRENT shares while ignoring the purchase share dilution would be plain stupid. Yet that is what is being propounded (by CORE Gaming? how pathetic.)

At the current price of $3.40, the purchase shares that would be issued is 47,058,824 giving an OS of 55,948,824 and a valuation of the merged company of $190,226,000. And that would assume a lot, like whether the merger will actually happen or the financials will ultimately confirm the representations.
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And there would be NO DIVIDEND because of the recent dilution by SYTA.