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Market_Fest4

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Market_Fest4

Re: None

Wednesday, 08/26/2009 8:51:44 AM

Wednesday, August 26, 2009 8:51:44 AM

Post# of 51847
Let's say SA results are ambiguous and COR doesn't get a deal. What then?

If COR had $50M in cash, what would they do with it? What would be the right strategic move at that point?

What I'm getting at is this scenario: Let's say COR issues ten warrants to buy shares at .20 for every share of record as of today. Then they do a massive dilution and sell 250M shares at .20 in a PIPE. THEN they do a 10:1 reverse split.

The result: 35M new shares. 35M warrants @$2. $50M cash.

Thoughts?
MF4
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