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Monday, July 15, 2013 1:13:56 PM
With the current share structure it would have to trade at about .06 to meet the 150MM market cap criteria. Even if he reduces the share count by 1000 fold in the new company, in order to generate that market cap the price has to rise by the same multiple, in this case it would have to trade at $60 per share.
Their most recent "financials" list just under a million in assets; $74 million short of the criteria
Revenue for this year would project out to about 6 - 7 million, over $40MM short
Not in this universe....
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