Define massive? Even with an end float of 7M, that is extremely low for a company, especially one that pulls in over $30M in revenue the first year of the expansion. The math is simple. With a 40 to 50% profit margin, that is still well over $2.00 a share in net profit and forget a PE multiple, that alone will command a much higher price.
No no. O/S reduction into Preferred which will be locked to 36 months. Also new investors gonna pay high premium for shares (the capital ) and can't sell too.
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