Tuesday, November 24, 2009 11:28:21 AM
back in your pants!]
If I am thinking of this correctly...
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SWRS was Quoted @ .34
The dividend is 1.5m shares to EVFL for a total payment of $510k.
(.34 * 1,500,000)
They keep a little cash for bills,
the rest they 'dividend' to EVFL to build
its share structure in prep for market growth.
72b
-22b
-----
50b share increase
In order to issue shares, the par value must atleast be paid.
EVFL Par = .00001
$510,000 / .00001 = 51 billion shares
Those shares then get divided between us & EVFL.
22b / 50k = 440k shares to divide between us.
The other 49.5/50B shares goto EVFL.
Add in the 10B buyback...
EVFL will hold roughly 60% of the O/S after the 30th.
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If they use EVLN as I suspect,
I am guessing we see 100:1.
That would put the share structure at:
A/S = 1 b
O/S = 720 m
Par = .001
Every 5m shares would = 50k shares.
EVLN's cap = $40 m
EVFL's cap = $7.2 m
--------------------
EVLN's cap is 5.5x larger.
EVFL PPS .0001 x 5.5 = .00055 after 'merge'
and the share structure is ready for lift-off...
Thats when we drop the boosters and let
the lack of gravity drive us to the moon.
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That look about right fella's (and the few ladies)??
On Nov 24, 11:10 am, Investor9 <gregory_and...@mac.com> wrote:
from
http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/forumview?bn=70611
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