Well,
On the conference call, Frank said that it would initially list at $1 per share.
The float would only be 300 to 500K and the o/s would be 10 million.
Of course, WNTR shareholders and insiders would own 90% of the float.
As a long-term shareholder, I would hope there is a restriction of 6 months or a year. This will allow retail investors to snap up the float. If the price climbs in that period, when our shares come off restriction, we should make some coin.
Of course, I'm not selling. I am holding for the long term.
IC