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rocky301

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rocky301

Re: bballerfanatic post# 23061

Thursday, 04/15/2010 11:32:40 AM

Thursday, April 15, 2010 11:32:40 AM

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bball,

$100,000,000 x 1.35 divided by .095 = 14,210,000 shares of common.

ACT doesn't have enough shares to do the above. The maximun we can borrow is $10MM not $100MM, The shares needed in above scenario is 1.4 Billion...So let me know if you agree and we will go from there.
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