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Donotunderstand

03/01/15 12:47 PM

#415482 RE: iPrelude #415432

so we have $9,400,000,000 / 2,959,524,459 = $3.1484302755319148936170212765957 a (pending) share, hopefully final issuance prices "will" be higher


I have trouble following it that way so

I still want a sense of "value of all the shares per share - that will exist post conversion " based on assets

Ignorant Guess - to start the ball rolling to get those who know more to fix it

200 Million shares was the initial start place and that was 75 million cash and 6B NOL and WMIRC (and ? liability??)


The 6B NOL is 2B cash with a NPV of 1B for very rounded purposes

So the 200 million shares had "available to them" $1.1 Billion - but needed help to achieve that value?

1.1 Billion /200 Million shares - 5 bucks ????????????? (to include a few million more shares to the BOD - rounded)

Now if total is 540,000,000 shares when all is converted ?? then we have

600 million dollars (?) for 340 million common (cash received already?)

And we have say 725 million dollars more from conversion at 2.15 or so

Then we have 1.1B as before and the 600 Million cash and a new inflow of 725 million cash (or did I get it all wrong??)

That comes to
1.1B + 600Million + 725 million or 2.425 Billion in assets (and ways to earn money which I do not include)

2.425 Billion in assets / 540 million shares = 4.49 dollars in assets (v the original 5 a share when an estimate of NOL ?)

????

still four plus ? in assets ?

anyone ??