Sarissa Resources Inc (SRSR)

[jpp09]

Dollar for dollar $37 million for 51% means if the current OS is 850 million shares, SOE would get (850/.49) 885 million new shares (or the equivalent in value). So for 37 million they get 885 million shares, 37/885 = .041 per share. So that would put the the absolute min price SRSR would be after a closed deal at .041 cents. Market cap would be 71 million (if SOE actually received the equivalent shares).

I know they would be getting nio star shares and we would get nio dividend shares and still have shinning-tree. That would put absolute min price at .05 with no multiples given to the fact SOE has big bank account.

Now if that deal had actually closed IMO we'd be looking at .10 to .15/share right now instead of good old 02s again....

I'm not talking about dilution here just trying to demonstrate simple math skills to get the actual price SOE was considering to pay for 51%.