Its my understanding that there will be a total of 433 million shares outstanding come November or now. Right now there is approximately 299 million shares outstanding (at lease according to Yahoo Finance and Google)trading in the market with a float (tradeable shares) of 186 million or so. This float number will go up substantially with the 433 million shares in total. If the shares are worth approximately 20 cents right now you will then need to add another 134 million shares times 20 cents to the equation or you could call it roughly $27 million more in market cap. Someone please correct me if I'm wrong but I believe the new market cap with 433 million shares (Assuming the stock price per share stays the same) will be 58 million today plus 27 million dilution at now 433 million= 85 million or so? I hope this makes sense. The dilution has taken place for a variety of reason. SunWorks buyout, capital raises to keep cash in the bank and pay for expenses etc... and for and stock options for executives and employees. I hope this makes sense. Like I said before, the stock may still go up if SLTD has a great quarter with strong guidance for Q4 but I still think investors should be aware that you they will be buying a company that is worth 85 million versus the 58 million market cap today. The biggest concern as they continue to dilute the stock to let's say over 600 million shares. The real key is for them to up list to NASDAQ or NYSE which will be very difficult to do even with 433 million shares. That would mean that the company would be worth 433 million per share at $1. The NYSE requires that the stock be at a minimum of $1 to get listed. Also, most institutional investors would like to see a stock trade above $5 if not $10 per share regardless of the market cap. There are some exceptions to this rule such as PLUG and FCEL but in general they like to see prices above $10 per share.
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