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Luke_McCain

02/26/17 3:12 PM

#133 RE: Luke_McCain #132

Come to think of it...

Assuming it's someone who bought the PP @ 0.05, it's a 200% return, and then they still have the warrants, so it's plausible to sell this entire block at 0.15.



I temporarily forgot about:

Shares issued for Madagascar property... 4,000,000



It's highly doubtful that one person/group bought that many shares in the PP, so the Vohitsara vendor makes more sense. Cashes in 55%, and keeps 45 for the future.

This is more realistic, don't you think?

Also, all the warrants @ 0.20 have expired now, so that's ~ 6.4 million shares that will never enter the market. This will be offset by all the warrants @ 0.10, of course.