Replies to post #179131 on JB and ZJMY Holding Co (JBZY)

[nygrande]

PPS may be over $4.00 by Monday if fins aren't released. If they release fins, prepare yourself for way more than that...

[TenKay]

Before the split the ratio of equity owned by Wang was about 60% and all other shareholders at 40% on a fully diluted basis.

With the RS that now changes to Wang holding 99% through his prefs and ALL other shareholders holding 1% on a fully diluted basis.

So while the stock may open at $2.30 and perhaps hold there for a little while...on a fully diluted basis that pps would put the market cap over $2.5 BILLION on a fully diluted basis.

That is ridiculous. At some point Wang is going to start selling his stock and he has 1.25 Billion shares worth to do so.

The 9 million in the OS right now would get run over...and the pps will react accordingly.

[SamLBInj]

Incorrect, your 10,000 Shares are not worth $23K, They are worth $28,250. The stock is up 24% which is over a $5,000 one day gain which not too shabby :-)