Overpriced? Did you see the terms of the deal on it?
The purchase price is $25 million in cash and 6.5 million shares of restricted company stock.
I believe the entire purchase price was supposed to be $50MM. That means the pps of the restricted stock was about $3.75 per share. Wow.
Anyway, I think you missed the point, which is that 3 major news sources here in Memphis all have MYRA on the radar. That should go a long way to abate scam fears.
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