vs currently 350mm vs 325mm so 51.85% to 48.14% currently. The thing is the ratio of the RS determines the discount on the shares offered for private investment. I mean, yeah, he could try for more B shares but I suspect this would provide easier money as the potential financiers could sell before the RS for a large immediate profit if they get cold feet. It would be self-limiting in nature and quite lucrative for anyone involved.
New cost basis from $0.26 a share is $5.20/s and at a market cap of $3.45b it would command a 1.5x sales-based pps of $9.26.
Last minute edit: He's going to be in the same room as Newt Gingrich and Harvey Pitt? lol.
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