Celsius Holdings Inc (CELH)

[Rainmaker88]

If you do the math you'll discover that it would take approximately a 0.60 cent increase in the current share price to cover the $6 million in debt currently owed to Carl (given his roughly 10 million share equity stake). So the question for Carl then becomes "if I were to forgive the current debt, and make Celsius a debt-free company, could I expect the share price rise to 0.93 cents a share?" That would translate into a valuation of $18.7 million for the entire company, or roughly 2X sales. In addition, he would still own a majority 52% equity stake, thereby maintaining control of the company and the Board.

yea, that's actually a great point. the debt is sort of irrelevant for this company, so it will be really interesting to see how things continue to progress going forward...