Yup, previous guidance was positive but there will also be some (valuable) NOL's in the 10-K. ADTM's got a pretty small gene pool until uplisting, so anybody's guess how this will affect the PPS. You identified 45M-odd shares existing today, and if they negotiate $1/share for the $12M, that will give them 57M shares ( …and I’ll be the first to buy Strong a drink). Using best case of a 47/53 split, that comes out to 121M shares post-merger. Buck-a-share pre-split feels a bit generous.
News 
Market Data 
Discover 
AI
