InvestorsHub Logo
Followers 1
Posts 934
Boards Moderated 0
Alias Born 01/01/2005

Re: Dobie Lama post# 240

Wednesday, 01/19/2011 10:36:13 PM

Wednesday, January 19, 2011 10:36:13 PM

Post# of 287
Last PPS: $0.32
Issued & Outstanding: 39,850,242
Conversion of Debentures: 2,715,285
Warrants: 12,318,481
Options: 2,480,000
Fully Diluted: 57,364,008

The new financing will increase the issued and outstanding by
13,333,334 shares and a like number of 2 year warrants priced at C$ 0.40

The immediate cash inflow should be near C$ 4,000,000.

Right?

How far should that take us?