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John B

10/30/14 8:55 AM

#76016 RE: Pepperchino #76012

Yes, I realize that. We would have much less dilution. It is fact though, if he issues a million shares to Aspire, he gets 4.3 million versus 3.3 million. As you point out in reality though he gets the 4.3 million for issuing 1 million shares versus issuing 1.3 million shares. Another way of looking at it is those 300k extra shares would have had a market cap of about 1 Million dollars.
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TheDane

10/30/14 9:17 AM

#76017 RE: Pepperchino #76012

It's correct but he was making the same point. From whatever number of shares ctIX gets more money if the per share price is higher.

For my money I'd prefer Leo not make statements regarding uplisting until it's ready to be done. We all know it can't be done without a BOD and since there isn't one yet why say anything about it? Get th at done then uplist. Then we'll know.