Saturday, January 05, 2013 3:10:42 PM
It's my understanding that the preferred shares convert to about 200,000,000 common shares. I assume those are all owned by Gerald.
Anytime you try to value the company for a buyout the minimum number of shares to be used is in the 425,000,000 range and headed higher.
Without a buyout/partnership use the entire 1,000,000,000 shares and factor in 2-3 reverse split to fund the company for the next seven years if the MANF technology is to produce a marketable drug funded by the company.
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