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Sunday, September 08, 2013 7:59:57 PM
So, if they got $50M as an example in pooled funds into a SPAC, CBYI would be expected to trade at about a $200M market cap which is 4x the money raised.
If they got $200M, then this could trade up to $800M market cap, and so on.
This all makes sense on a speculative basis.
Nobody knows how much money they will raise.
It could also trade up without the SPAC. The tech itself seems worth of high spec dollars.
One way or another, I believe its going to be private bankers running this stock, and you want to be on board.
Penny Stock Analyst, not licensed, but may as well be...
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