News Focus
News Focus
icon url

Lone Wolf

01/16/18 5:25 PM

#33109 RE: Jmann33 #33108

Thank you!!...not sure why that was such a difficult concept for some here. Everything was / is right there in the 8K. Tranche #1 out of the way...so look for this to move up absent LAM's tranche tomorrow as we won't have that overhang until they request tranche #2....and you know the company will be timing that with their news...as they did Friday and this morning...more to come.
icon url

QTRADERQ

01/17/18 12:11 AM

#33179 RE: Jmann33 #33108

I totally agree. Here's one scenario. Only 330 mil 3a10 shares would be issued to Livingston in a total of 8 tranches between $100k - $120k. Apologies for everything being squished together.

Here's my math:

3a10 shares
Tranche 1 74,146,000 0.00157 $116,409
Tranche 2 60,000,000 0.00200 $120,000
Tranche 3 50,000,000 0.00250 $125,000
Tranche 4 40,000,000 0.00300 $120,000
Tranche 5 30,000,000 0.00350 $105,000
Tranche 6 25,000,000 0.00400 $100,000
Tranche 7 25,000,000 0.00450 $112,500
Tranche 8 26,000,000 0.00500 $130,000
Tranches 1-8 330,146,000-------- $928,909