Personally, I am a little upset that the OS changed.
I had actually bought some of this stock quite awhile
ago, and thought there were only 12 MM shares OS. There
is a big difference between 12 MM and 27 MM.
If Kip gave himself 15 MM, and now with 30 MM OS, this
would mean that the merger will create something on the
order of 300 MM OS. A reverse merger usually leaves the
original shareholders of the shell company with about
10 - 15 % of the new deal, at most.
If we use 300 MM OS as a target, then a $ .10 price
for METP would place the Market Cap at $ 30 MM, which
would be reasonable. At $ .20, you would be pushing the
envelope.
So, my guess is a $ .08 to $ .12 range for saying goodbye.