Replies to post #17005 on SiNtx Technologies Inc (SINT)

[OhManIDied]

The 5-day VWAP =~ $0.776/share

Therefore, the Series B conversion price is ~$0.679/share (87.5% of .776) for the next 40 trading days.

$16.5M converted at $0.679 = 24.3M shares
With 11.37M warrants (representing additional $18M in paid-in capital; fixed @ $1.6/share) and the pre-financing fully diluted share count of 6M, the new (worst-case) fully diluted OS could not be more than 41.67M

I will be amazed if the share price goes below the conversion price... to recap: financiers want to push this up as much as possible and on high volume if they are planning to reduce their position.

OMID