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Re: sahd3g post# 20348

Saturday, 04/02/2005 12:41:13 PM

Saturday, April 02, 2005 12:41:13 PM

Post# of 341699
sahd, why would a company that is about to have a 650 million share outstanding be trading higher than a company that has a 450 million share outstanding? why does mmxt have to issue 450 million more shares, bringing the total outstanding to 645 million, when there are only 450 million shares of scmi to merge with? share price after the merger will dictate market cap. the way you are figuring this merger, the 195 million shares of mmxt outstanding are merely on for the ride, and will not participate in the merger. you are adding 450 million shares to the outstanding, and not taking into account that the 195 million already outstanding are going to be included.