Replies to post #694 on Next Graphite Inc. (fka GPNE)

[squidster]

There's approximately 50mm shares outstanding, so what I was suggesting is that the recent capital raise by GRAT was for 2.5mm and if that's what they were using to buyout out GPNE it would be around .04-.05 per share.
50mm X .05= 2.5mm
That's why I said the buyout would have to be for more than 2.5mm:)