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modrica

01/14/16 2:45 PM

#13867 RE: learningthetruth #13866

no problem , the way i look at it and my common sense is that market cap , before reverse split , was in 10-50 millions range , 200 millions shares outstanding , pps .05-.25 , i know it was a lil pumped up to .25 but regardless it was hard bottomed at .05 (10 mill. market cap)

so if my calculation from this post , http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119842333 , is right and s/o ends up being around 37 millions considering mc when they were at rock bottom that would give .27 being new bottom and if you consider trading range just before reverse split .05-.25 it would translate into trading range .27 - 1.35

but huge advantage this time is/will be that c warrants are out of the way and company secured another 20 millions $ so there is a wide range of pps possibilities

also after today's close we should know exactly how many common shares from c warrants conversions will be added to s/o count

in my opinion of course

again this is only my opinion and my prediction , nobody should ever invest real money based on my or anybody else on message board opinion

gl

mod