Fusion Pharm, Inc. (FSPM)

[petermic]

Not an unreasonable range. That would be 12 to 18 cents per share.

From the company's own filing(not misinformation in any way):

8.0mm shares outstanding at 9/30
plus 6.9mm from debt convert
plus 146.7mm from preferred convert =
total 161.7 mm shares fully diluted

$20mm / 161.7 = $0.124 per share
$30mm / 161.7 = $0.186 per share

It's no coincidence that the stock was selling just a bit above that in November and December. The current runs are just off the wall and people will get hurt.