Congrats on getting in Goose,
I realize that some are waiting for the offical announcement from management that it's a go. Actually this is probably how these morphed stocks bloom (via apprehension). Frankly, I feel it is a foregone conclusion. I see most obstacles handled by (being the two parties) which is to say; there are not many better merger companies (Keating) combined with the talent(Paul Guez)along with the association with (Sillerman / Elvis).
As far as dilution, I expect some. In my prior post where I drew up a potential scenario of sales and EPS numbers. I estimated that there would be at least 30 mil shares before the first 10-Q hits. I used very conservative numbers, and still came up with a share price of $9.00 with a PE in the 20's. Mere speculation, of course. I should add, that my wife owns several pairs of Antik Jeans, thus my passion in this particular stock, and it's success with my ability to pay for more. After all, they are only jeans right? Look at what another MJET poster brought to my attention:
True Religon TRLG just came out with earnings as I wrote this.
Also check AEOS American Eagle Outfitters...
>>>Take CKXE (SPEA) for example. EPE (aka Elvis) had worth before they left the gate. Name appeal. Antik has this too. To what degree is determined by the buyer. Do a simple search on Google of Antik Jeans and you will see this transcends just jeans, it's an enterprise consisting of many facets.
We are looking at clean canvas with Antik. Coupled with the fact that INNO is not Guez's company (his baby). He has interests in INNO (and selling his position out to fund his own enterprise, as we speak, look at the insider selling).
Beware, I am not trashing INNO, but merely comparing the two.
Speculation IS the stock market. We are all speculating on MJET. Do your own DD.
Monaco
