What I think that a lot of people are missing about this R/S is that the O/S is going to be 35,000,000 after this happens with a very low float. The float should stay at this level for at least 6 months even if shares are issued since they would be restricted for that time period. The float could be even lower depending on the number of shares that are out in cert form.
With the A/S at a 100 million shares(I would prefer 75 million) this puts it in line with others in the industry.
Given the low float, and a relatively small A/S and the prospects of improved revenue once Matthews and NWG kick in I for one see a much better pps for this stock in the coming months.
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