As of 4/8/15 ~ 1,918,417,061 OS x .0006 close Friday = $1,151,050 market cap. The merger/buyout was said to be at market cap, but I realize it's a moving target.
$25,000,000 / 1,918,417,061 OS = 0.01303 per share in a buyout. That would essentially be a 2 for 1 exchange and add just over 1B OS to ISBG.
DKTS has a negative net worth. A buyout at .0001 would be $191K. The brands aren't even worth that if ISBG has to assume the debt notes, regardless of what lenders want to believe or suggest.
And if they really believe that, they should be buying the DKTS stock at such an enormous discount in the market.
I think they complain about the loans in default, and Alonzo just strings them along somehow. Just like he told them the settlement made them ineligible for Rule 144 exemptions. Or there is some long CC in which folks are told that Sonfield told them to set up the LLC's to keep big bad Huffy away....BEFORE THE SETTLEMENT, only to realize the LLC's were set up.....AFTER THE SETTLEMENT.
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