Replies to post #7870 on TREES Corporation (CANN)

[Warlon]

Yes. Thanks for confirming this huge fault. I wondered about it..

[Alan Brochstein]

The fully-diluted shares at CANN include all issued shares as well as in-the-money dilutive securities:

For purposes of valuation, the fully diluted share count should include the warrants and 8.68mm options with a weighted average exercise price of $0.97, giving the company a current market cap at $3.75 and based on 33.3mm shares of $125mm, which is way out of line with the fundamentals.

Which part of this is not correct? Is 15.6 plus 8.68 plus 9 not 33.3? Is 33.3 times 3.75 not $125mm?

One can learn more about FULLY DILUTED SHARES here:

http://www.investopedia.com/ask/answers/061715/whats-difference-between-basic-shares-and-fully-diluted-shares.asp


Also, 73% is literally 3.75 less 1.00 divided by 3.75 (73.33%). This is how much money people will lose in my opinion, if not more.