Replies to post #9183 on Syntrol Corp (SNLP)

[NewB14]

Someone correct me if I'm wrong, but if WFMC will own 30% and they are looking to raise $35mm, that would indicate an initial value for SEGO of $50 million even before launch.

Understanding that there is no cap on what management can raise and they simply put out a number, this estimate still gives us a glimpse into what Wham thinks SEGO is worth pre-launch.

And before the naysayers reply, yes I understand that the public may think the company is worth $0, but we will soon see based on how much money they raise of that $35 million.